Accsys Technologies (OTCMKTS:ACSYF) Stock Price Up 15.7% – Still a Buy?

Accsys Technologies PLC (OTCMKTS:ACSYFGet Free Report)’s stock price rose 15.7% during mid-day trading on Wednesday . The company traded as high as C$0.96 and last traded at C$0.96. Approximately 1,000 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 5,400 shares. The stock had previously closed at C$0.83.

Accsys Technologies Price Performance

The business’s 50 day moving average is C$0.84 and its 200-day moving average is C$0.85.

About Accsys Technologies

(Get Free Report)

Accsys Technologies is a specialty chemicals and sustainable materials company focused on the development, manufacture and sale of acetylated wood products. Its proprietary acetylation process enhances the performance properties of fast-growing softwoods, delivering durability, dimensional stability and resistance to rot and decay without the use of heavy metals or toxic preservatives. Through its flagship Accoya brand, Accsys serves markets that demand high-performance, environmentally responsible building and joinery materials.

In addition to Accoya solid wood, the company produces Tricoya, an advanced engineered wood panel made from acetylated wood particles bound with a simple adhesive.

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