Microsaic Systems (LON:MSYS) Stock Price Crosses Below 50 Day Moving Average – What’s Next?

Microsaic Systems plc (LON:MSYS)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 1.05 ($0.01) and traded as low as GBX 0.82 ($0.01). Microsaic Systems shares last traded at GBX 0.82 ($0.01), with a volume of 161,021 shares traded.

Microsaic Systems Stock Down 4.2 %

The firm’s 50-day moving average is GBX 1.04 and its 200 day moving average is GBX 1.10. The firm has a market capitalization of £1.46 million, a P/E ratio of -3.13 and a beta of 0.32. The company has a debt-to-equity ratio of 2.35, a quick ratio of 8.97 and a current ratio of 7.01.

Microsaic Systems Company Profile

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.