Accsys Technologies (LON:AXS) Given New GBX 120 Price Target at Canaccord Genuity Group

Accsys Technologies (LON:AXS) had its target price reduced by Canaccord Genuity Group from GBX 130 to GBX 120 in a research report released on Tuesday,Digital Look reports. They currently have a buy rating on the stock.

Accsys Technologies Trading Up 2.2%

LON AXS opened at GBX 64.60 on Tuesday. The company has a debt-to-equity ratio of 56.42, a quick ratio of 0.59 and a current ratio of 2.25. The company has a market capitalization of £159.12 million, a price-to-earnings ratio of 25.33 and a beta of 1.17. The company’s 50-day simple moving average is GBX 71.16 and its two-hundred day simple moving average is GBX 69.71. Accsys Technologies has a one year low of GBX 58.10 and a one year high of GBX 79.84.

Insider Transactions at Accsys Technologies

In related news, insider Jelena Arsic van Os sold 13,227 shares of Accsys Technologies stock in a transaction that occurred on Monday, July 20th. The shares were sold at an average price of GBX 73, for a total transaction of £9,655.71. 3.94% of the stock is currently owned by insiders.

Accsys Technologies Company Profile

Accsys Technologies PLC (Accsys) is transforming the global building materials sector as a market leader in sustainable, high-performance wood. With a purpose-driven commitment to “changing wood to change the world,” Accsys harnesses proprietary acetylation technology to turn fast-growing, certified timber into long-lasting, eco-friendly building materials. Its key flagship products, Accoya® solid wood and Tricoya® wood chips, are supported by 50-year warranties and recognised worldwide for exceptional durability, stability, and sustainability.