Microsaic Systems (LON:MSYS) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

Microsaic Systems plc (LON:MSYS)’s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-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 changing hands.

Microsaic Systems Stock Down 0.1 %

The stock has a market cap of £1.39 million, a price-to-earnings ratio of -2.98 and a beta of 0.32. The stock has a 50 day simple moving average of GBX 0.87 and a 200 day simple moving average of 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.

About Microsaic Systems

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.