Microsaic Systems (LON:MSYS) Shares Cross Below 50 Day Moving Average – Here’s What Happened

Microsaic Systems plc (LON:MSYS)’s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 0.87 ($0.01) and traded as low as GBX 0.75 ($0.01). Microsaic Systems shares last traded at GBX 0.75 ($0.01), with a volume of 2,155 shares trading hands.

Microsaic Systems Price Performance

The firm’s fifty day simple moving average is GBX 0.87 and its 200-day simple moving average is GBX 1.02. The company has a quick ratio of 8.97, a current ratio of 7.01 and a debt-to-equity ratio of 2.35. The firm has a market capitalization of £1.39 million, a PE ratio of -2.98 and a beta of 0.32.

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.