Accsys Technologies (OTCMKTS:ACSYF) Shares Up 2% – Should You Buy?

Accsys Technologies PLC (OTCMKTS:ACSYFGet Free Report)’s share price shot up 2% during mid-day trading on Friday . The company traded as high as C$0.98 and last traded at C$0.98. Approximately 9,500 shares changed hands during trading, an increase of 167% from the average session volume of 3,560 shares. The stock had previously closed at C$0.96.

Accsys Technologies Trading Up 2.0%

The firm’s fifty day moving average is C$0.90 and its 200-day moving average is C$0.86.

Accsys Technologies Company Profile

(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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