Modern Water plc (MWG.L) (LON:MWG) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Modern Water plc (MWG.L) (LON:MWG) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 2.45 ($0.03) and traded as high as GBX 2.59 ($0.03). Modern Water plc (MWG.L) shares last traded at GBX 2.45 ($0.03), with a volume of 229,878 shares changing hands.

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

The company has a current ratio of 1.38, a quick ratio of 0.92 and a debt-to-equity ratio of 22.76. The firm has a market capitalization of £13.64 million and a price-to-earnings ratio of -2.04. The firm’s 50-day moving average is GBX 2.45 and its 200 day moving average is GBX 2.45.

Modern Water plc (MWG.L) Company Profile

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.