MYCELX Technologies (LON:MYX) Share Price Crosses Below 200 Day Moving Average – What’s Next?

MYCELX Technologies Co. (LON:MYX)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 42.04 ($0.53) and traded as low as GBX 31.44 ($0.39). MYCELX Technologies shares last traded at GBX 31.44 ($0.39), with a volume of 3,502 shares traded.

MYCELX Technologies Stock Performance

The company has a debt-to-equity ratio of 23.15, a quick ratio of 2.97 and a current ratio of 2.93. The stock has a market cap of £7.66 million, a P/E ratio of -285.82 and a beta of 1.00. The business’s 50-day moving average price is GBX 35.38 and its 200-day moving average price is GBX 42.04.

About MYCELX Technologies

MYCELX Technologies Corporation, a clean water technology company, provides water treatment solutions to the oil and gas, power, marine, and heavy manufacturing sectors in the Middle East, the United States, Nigeria, Australia and internationally. The company offers oil removal solutions for upstream produced water to oil companies; and hydrocarbons removal services from downstream process wastewater that are used in petrochemical facilities and refineries.