Amiad Water Systems (LON:AFS) Shares Cross Below Fifty Day Moving Average – Here’s Why

Amiad Water Systems Ltd. (LON:AFSGet Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 364 ($4.57) and traded as low as GBX 335 ($4.21). Amiad Water Systems shares last traded at GBX 364 ($4.57), with a volume of 22,786 shares changing hands.

Amiad Water Systems Stock Performance

The company has a debt-to-equity ratio of 39.59, a current ratio of 2.52 and a quick ratio of 1.71. The company has a market cap of £110.71 million and a PE ratio of 53.53. The company’s 50 day simple moving average is GBX 364 and its two-hundred day simple moving average is GBX 364.

About Amiad Water Systems

(Get Free Report)

Amiad Water Systems Ltd., together with its subsidiaries, produces and supplies water filters and filtration systems for the industrial, municipal, ballast water, oil and gas, and irrigation markets worldwide. It offers automatic, semi-automatic, and manual filters, as well as fertigation injectors for farmers and large agricultural co-ops; automatic filters for industrial sector; and develops, manufactures, and distributes water treatment and filtration solutions for potable water and wastewater in various applications, such as pre-filtration for UV and tertiary treatment, and polishing, as well as for MF, UF, NF, and RO membranes.

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