MYCELX Technologies (LON:MYX) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

MYCELX Technologies Co. (LON:MYX) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 41.08 ($0.52) and traded as low as GBX 31.15 ($0.39). MYCELX Technologies shares last traded at GBX 31.15 ($0.39), with a volume of 50,346 shares.

MYCELX Technologies Price Performance

The business has a 50-day simple moving average of GBX 34.56 and a 200-day simple moving average of GBX 40.90. The company has a debt-to-equity ratio of 23.15, a quick ratio of 2.97 and a current ratio of 2.93. The company has a market cap of £9.06 million, a price-to-earnings ratio of -2.51 and a beta of 1.00.

About MYCELX Technologies

MYCELX Technologies Corporation, a clean water technology company, provides water treatment solutions to the oil and gas, power, marine, and heavy manufacturing sectors in the Middle East, the United States, Nigeria, Australia and internationally. The company offers oil removal solutions for upstream produced water to oil companies; and hydrocarbons removal services from downstream process wastewater that are used in petrochemical facilities and refineries.