Accsys Technologies (LON:AXS) Shares Up 10.6% – Should You Buy?

Posted by ABMN Staff on Nov 28th, 2024

Accsys Technologies PLC (LON:AXS – Get Free Report)’s stock price traded up 10.6% during mid-day trading on Tuesday . The company traded as high as GBX 48.90 ($0.62) and last traded at GBX 47.60 ($0.60). 304,069 shares changed hands during mid-day trading, an increase of 398% from the average session volume of 61,055 shares. The stock had previously closed at GBX 43.05 ($0.55).

Accsys Technologies Price Performance

The company has a debt-to-equity ratio of 54.32, a current ratio of 2.71 and a quick ratio of 0.59. The stock has a market capitalization of £113.74 million, a P/E ratio of -672.90 and a beta of 1.32. The stock’s fifty day moving average is GBX 48.96 and its 200-day moving average is GBX 52.89.

Insider Transactions at Accsys Technologies

In other news, insider Jelena Arsic van Os sold 53,991 shares of Accsys Technologies stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of GBX 51 ($0.65), for a total value of £27,535.41 ($34,907.97). 27.89% of the stock is currently owned by corporate insiders.

About Accsys Technologies

(Get Free Report)

Accsys Technologies PLC, together with its subsidiaries, engages in the production and sale of solid wood and wood elements in the United Kingdom, Ireland, rest of Europe, the Americas, and internationally. It offers solid acetylated wood for use in windows, doors, shutters, decking, and cladding under the Accoya brand; and wood chips to manufacture panel products under the Tricoya brand.