Agilyx ASA (OTCMKTS:AGXXF) Shares Down 8.7% – Time to Sell?

Agilyx ASA (OTCMKTS:AGXXF) shares were down 8.7% during trading on Friday . The stock traded as low as $1.42 and last traded at $1.42. Approximately 6,452 shares traded hands during mid-day trading, an increase of 106% from the average daily volume of 3,138 shares. The stock had previously closed at $1.5550.

Agilyx ASA Price Performance

The company has a 50-day simple moving average of $2.24 and a 200-day simple moving average of $2.22.

Agilyx ASA Company Profile

Agilyx ASA is a Norway-based company specializing in advanced chemical recycling solutions for post-consumer and industrial plastic waste. The firm develops and commercializes technologies that break down complex polymers—such as polystyrene and mixed plastics—into their molecular building blocks. By applying proprietary pyrolysis processes, Agilyx converts plastic feedstocks into styrene monomer, synthetic oil and other circular feedstocks, which can be reintroduced into the petrochemical value chain.

The company’s core business activities include the operation of demonstration and commercial-scale recycling facilities, the licensing of its technology to strategic partners and the provision of engineering and technical services.