Accsys Technologies (OTCMKTS:ACSYF) Stock Price Up 15.7% – Time to Buy?

Accsys Technologies PLC (OTCMKTS:ACSYF)’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 traded hands 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 Stock Up 15.7%

The business has a 50 day simple moving average of C$0.84 and a 200-day simple moving average of C$0.84.

About Accsys Technologies

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.