Agilyx ASA (OTCMKTS:AGXXF) Shares Down 8.7% – Here’s Why

Shares of Agilyx ASA (OTCMKTS:AGXXFGet Free Report) traded down 8.7% during trading on Friday . The stock traded as low as $1.42 and last traded at $1.42. 6,452 shares were traded during trading, an increase of 106% from the average session volume of 3,138 shares. The stock had previously closed at $1.5550.

Agilyx ASA Stock Down 8.7%

The firm’s fifty day simple moving average is $2.24 and its 200-day simple moving average is $2.21.

About Agilyx ASA

(Get Free Report)

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.

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