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

Modern Water plc (MWG.L) (LON:MWG)’s stock price passed above its two hundred day moving average during trading on Tuesday . 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 trading hands.

Modern Water plc (MWG.L) Stock Performance

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 stock has a fifty day moving average price of GBX 2.45 and a two-hundred day moving average price of GBX 2.45. The company has a market cap of £13.64 million and a P/E ratio of -2.04.

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.