Accsys Technologies (LON:AXS) Shares Up 10.6% – What’s Next?

Accsys Technologies PLC (LON:AXS) shot up 10.6% during trading on Tuesday . The company traded as high as GBX 48.90 ($0.61) and last traded at GBX 47.60 ($0.60). 304,069 shares traded hands during trading, an increase of 398% from the average session volume of 61,055 shares. The stock had previously closed at GBX 43.05 ($0.54).

Accsys Technologies Stock Up 10.3 %

The business has a fifty day moving average price of GBX 49.32 and a two-hundred day moving average price of GBX 53.06. 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 £114.10 million, a price-to-earnings ratio of -617.77 and a beta of 1.32.

Insider Buying and Selling at Accsys Technologies

In other news, insider Jelena Arsic van Os sold 53,991 shares of the company’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of GBX 51 ($0.64), for a total transaction of £27,535.41 ($34,583.53). Corporate insiders own 27.89% of the company’s stock.

About Accsys Technologies

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.