Accsys Technologies (LON:AXS) Hits New 52-Week Low – Time to Sell?

Accsys Technologies PLC (LON:AXS) hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 47.10 ($0.61) and last traded at GBX 47.10 ($0.61), with a volume of 17835 shares trading hands. The stock had previously closed at GBX 49.55 ($0.64).

Accsys Technologies Price Performance

The company 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 50 day simple moving average of GBX 50.91 and a two-hundred day simple moving average of GBX 54.06. 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

In related news, insider Jelena Arsic van Os sold 53,991 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of GBX 51 ($0.66), for a total value of £27,535.41 ($35,709.26). 27.89% of the stock is currently owned by company 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.