Accsys Technologies (LON:AXS) Stock Price Down 9.8% - What's Next?

Accsys Technologies PLC (LON:AXS - Get Free Report)'s share price was down 9.8% during mid-day trading on Thursday . The company traded as low as GBX 39 ($0.48) and last traded at GBX 39.70 ($0.49). Approximately 1,675,753 shares traded hands during mid-day trading, an increase of 1,125% from the average daily volume of 136,808 shares. The stock had previously closed at GBX 44 ($0.54).

Accsys Technologies Stock Performance

The company has a current ratio of 2.71, a quick ratio of 0.59 and a debt-to-equity ratio of 54.32. The company has a market cap of £95.13 million, a PE ratio of -565.71 and a beta of 1.32. The firm's fifty day moving average is GBX 45.20 and its 200 day moving average is GBX 48.54.

Insider Transactions at Accsys Technologies

In other Accsys Technologies news, insider Louis Eperjesi acquired 21,000 shares of the business's stock in a transaction on Thursday, November 28th. The stock was bought at an average price of GBX 47 ($0.58) per share, for a total transaction of £9,870 ($12,197.23). Corporate insiders own 27.89% of the company's stock.

About Accsys Technologies

Accsys is a fast growing business with a purpose. We combine chemistry, technology and ingenuity to make high performance wood products that are extremely durable and stable, opening new opportunities for the built environment. By doing so, we give the world a choice to build sustainably. We use fast growing, sustainably sourced timber to create long life wood products with properties that can compete with traditional non-sustainable building materials, such as tropical hardwoods, metal, plastic and concrete. Our acetylation process boosts the already naturally occurring acetyl content of wood and by doing so, reduces the ability of the wood to absorb water, rendering it more dimensionally stable and because it is no longer digestible, extremely durable. Our process is extremely efficient and locks carbon into a long-life product.