Modern Water (LON:MWG) Stock Price Crosses Below 200 Day Moving Average of $2.89

Modern Water Plc (LON:MWG)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.89 and traded as low as $1.15. Modern Water shares last traded at $1.28, with a volume of 873,462 shares changing hands.

The company has a debt-to-equity ratio of 40.28, a quick ratio of 0.53 and a current ratio of 1.13. The stock has a market capitalization of $1.43 million and a P/E ratio of -0.68. The firm has a 50-day moving average price of GBX 1.52 and a 200 day moving average price of GBX 2.87.

Modern Water Company Profile (LON:MWG)

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 worldwide. The company operates in two segments, Membranes and Monitoring. It owns, installs, and operates water and industrial water treatment membrane solutions and products, including membrane brine concentration technologies; multi stage flash desalination plants; forward osmosis desalination plants; evaporative cooling systems; and enhanced oil recovery and hydro osmotic power applications.

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