Modern Water plc (MWG.L) (LON:MWG) Trading Down 6.8% – Here’s What Happened

Modern Water plc (MWG.L) (LON:MWG)’s share price was down 6.8% during trading on Friday . The company traded as low as GBX 2.40 ($0.03) and last traded at GBX 2.45 ($0.03). Approximately 229,878 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 7,692,437 shares. The stock had previously closed at GBX 2.63 ($0.03).

Modern Water plc (MWG.L) Stock Down 6.8 %

The company has a debt-to-equity ratio of 22.76, a current ratio of 1.38 and a quick ratio of 0.92. The company has a market capitalization of £13.64 million and a price-to-earnings ratio of -2.04. The firm has a 50-day moving average price of GBX 2.45 and a two-hundred day moving average price of GBX 2.45.

About Modern Water plc (MWG.L)

Modern Water plc owns, develops, and supplies technologies, products, and services to address the availability of fresh water, and for the treatment and disposal of wastewater in the Americas, Europe, the Middle East, and the Asia Pacific. The company operates in two segments, Membranes and Monitoring.