Microsaic Systems (LON:MSYS) Stock Price Up 11.7% – Should You Buy?

Microsaic Systems plc (LON:MSYS) was up 11.7% during trading on Monday . The company traded as high as GBX 0.89 ($0.01) and last traded at GBX 0.85 ($0.01). Approximately 4,976,449 shares were traded during trading, an increase of 548% from the average daily volume of 768,206 shares. The stock had previously closed at GBX 0.76 ($0.01).

Microsaic Systems Stock Up 2.4 %

The firm’s 50 day moving average price is GBX 0.79 and its two-hundred day moving average price is GBX 0.99. The firm has a market capitalization of £1.56 million, a PE ratio of -3.35 and a beta of 0.32. The company has a quick ratio of 8.97, a current ratio of 7.01 and a debt-to-equity ratio of 2.35.

Microsaic Systems (LON:MSYS) last posted its quarterly earnings data on Tuesday, November 12th. The company reported GBX (0.01) ($0.00) earnings per share for the quarter. Microsaic Systems had a negative net margin of 273.87% and a negative return on equity of 91.26%.

About Microsaic Systems

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.