Microsaic Systems (LON:MSYS) Stock Price Crosses Below 50-Day Moving Average – Here’s What Happened

Microsaic Systems plc (LON:MSYS)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 0.91 ($0.01) and traded as low as GBX 0.79 ($0.01). Microsaic Systems shares last traded at GBX 0.79 ($0.01), with a volume of 62,553 shares traded.

Microsaic Systems Stock Performance

The company has a fifty day moving average of GBX 0.90 and a two-hundred day moving average of GBX 1.03. The stock has a market capitalization of £1.35 million, a P/E ratio of -2.90 and a beta of 0.32. The company has a debt-to-equity ratio of 2.35, a current ratio of 7.01 and a quick ratio of 8.97.

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.