Accsys Technologies (LON:AXS) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Accsys Technologies PLC (LON:AXS)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 51.98 ($0.66) and traded as low as GBX 46.10 ($0.58). Accsys Technologies shares last traded at GBX 46.55 ($0.59), with a volume of 12,438 shares.

Accsys Technologies Price Performance

The stock has a market cap of £111.82 million, a price-to-earnings ratio of -665.00 and a beta of 1.32. The stock has a fifty day moving average of GBX 48.09 and a 200 day moving average of GBX 51.98. The company has a debt-to-equity ratio of 54.32, a current ratio of 2.71 and a quick ratio of 0.59.

Insider Buying and Selling at Accsys Technologies

In related news, insider Louis Eperjesi purchased 21,000 shares of the firm’s stock in a transaction on Thursday, November 28th. The stock was bought at an average cost of GBX 47 ($0.59) per share, with a total value of £9,870 ($12,457.40). 27.89% of the stock is currently owned by corporate insiders.

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.