Microsaic Systems (LON:MSYS) Shares Down 3% – What’s Next?

Microsaic Systems plc (LON:MSYS) traded down 3% during mid-day trading on Thursday . The company traded as low as GBX 0.80 ($0.01) and last traded at GBX 0.80 ($0.01). 293,633 shares traded hands during trading, a decline of 62% from the average session volume of 767,877 shares. The stock had previously closed at GBX 0.83 ($0.01).

Microsaic Systems Stock Performance

The stock’s 50 day moving average is GBX 0.98 and its 200 day moving average is GBX 1.06. The company has a current ratio of 7.01, a quick ratio of 8.97 and a debt-to-equity ratio of 2.35. The firm has a market cap of £1.43 million, a price-to-earnings ratio of -3.08 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.