Microsaic Systems (LON:MSYS) Shares Down 3% – Should You Sell?

Microsaic Systems plc (LON:MSYSGet Free Report)’s stock price was down 3% during mid-day trading on Thursday . The stock traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.80 ($0.01). Approximately 293,633 shares changed hands during trading, a decline of 62% from the average daily volume of 767,877 shares. The stock had previously closed at GBX 0.83 ($0.01).

Microsaic Systems Price Performance

The stock’s 50-day moving average price is GBX 0.97 and its 200 day moving average price is GBX 1.06. The firm has a market cap of £1.43 million, a price-to-earnings ratio of -3.08 and a beta of 0.32. The company has a quick ratio of 8.97, a current ratio of 7.01 and a debt-to-equity ratio of 2.35.

About Microsaic Systems

(Get Free Report)

Microsaic Systems plc engages in the research, development, and commercialization of miniaturised mass spectrometry (MS) instruments in the United Kingdom, Japan, the United States, Europe, China, South Korea, and internationally. It develops and markets in-field screening solution for real-time monitoring used in various markets, such as water, pharmaceuticals, chemicals, academia, and food and beverage.

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