Microgen (LON:MCGN) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Microgen plc (LON:MCGNGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 367.50 ($4.62) and traded as low as GBX 365 ($4.59). Microgen shares last traded at GBX 367.50 ($4.62), with a volume of 26,257 shares.

Microgen Stock Performance

The stock has a market cap of £224.83 million and a price-to-earnings ratio of 17.09. The company’s 50-day simple moving average is GBX 367.50 and its 200-day simple moving average is GBX 367.50. The company has a quick ratio of 1.14, a current ratio of 1.16 and a debt-to-equity ratio of 18.22.

About Microgen

(Get Free Report)

Microgen plc, together with its subsidiaries, develops, implements, and supports business critical software and related services in the United Kingdom and internationally. It operates through two segments, Aptitude Software and Microgen Financial Systems. The Aptitude Software segment provides a suite of specialized finance management software applications for banking, healthcare, insurance, and telecommunications customers.

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