MYCELX Technologies (LON:MYX) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

MYCELX Technologies Co. (LON:MYX) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 40.01 ($0.51) and traded as low as GBX 31.04 ($0.39). MYCELX Technologies shares last traded at GBX 31.72 ($0.40), with a volume of 5,127 shares changing hands.

MYCELX Technologies Stock Performance

The company has a debt-to-equity ratio of 23.15, a current ratio of 2.93 and a quick ratio of 2.97. The company has a market capitalization of £9.06 million, a price-to-earnings ratio of -2.51 and a beta of 1.00. The firm has a fifty day simple moving average of GBX 34.04 and a 200 day simple moving average of GBX 40.01.

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.