Modern Water plc (MWG.L) (LON:MWG) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Modern Water plc (MWG.L) (LON:MWG)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2.45 ($0.03) and traded as high as GBX 2.59 ($0.03). Modern Water plc (MWG.L) shares last traded at GBX 2.45 ($0.03), with a volume of 229,878 shares.

Modern Water plc (MWG.L) Price Performance

The business has a 50-day simple moving average of GBX 2.45 and a two-hundred day simple moving average of GBX 2.45. The company has a quick ratio of 0.92, a current ratio of 1.38 and a debt-to-equity ratio of 22.76. The stock has a market capitalization of £13.64 million and a price-to-earnings ratio of -2.04.

Modern Water plc (MWG.L) Company Profile

Modern Water plc owns, develops, and supplies technologies, products, and services to address the availability of fresh water, and for the treatment and disposal of wastewater in the Americas, Europe, the Middle East, and the Asia Pacific. The company operates in two segments, Membranes and Monitoring.