Microsaic Systems (LON:MSYS) Shares Cross Below 50 Day Moving Average – Should You Sell?

Microsaic Systems plc (LON:MSYSGet Free Report) passed 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 Down 3.2 %

The stock has a market cap of £1.34 million, a P/E ratio of -2.88 and a beta of 0.32. The firm has a 50 day simple moving average of GBX 0.91 and a 200-day simple moving average of GBX 1.03. The company has a quick ratio of 8.97, a current ratio of 7.01 and a debt-to-equity ratio of 2.35.

About Microsaic Systems

(Get Free Report)

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.

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