Microsaic Systems (LON:MSYS) Trading 11.7% Higher – Here’s Why

Microsaic Systems plc (LON:MSYS)’s stock price traded up 11.7% on Monday . The company traded as high as GBX 0.89 ($0.01) and last traded at GBX 0.85 ($0.01). 4,976,449 shares were traded during mid-day trading, an increase of 548% from the average session volume of 768,206 shares. The stock had previously closed at GBX 0.76 ($0.01).

Microsaic Systems Stock Up 11.7 %

The firm’s fifty day moving average price is GBX 0.80 and its 200-day moving average price is GBX 0.99. The company has a debt-to-equity ratio of 2.35, a current ratio of 7.01 and a quick ratio of 8.97. The firm has a market capitalization of £1.52 million, a P/E ratio of -3.27 and a beta of 0.32.

Microsaic Systems (LON:MSYS) last released its earnings results on Tuesday, November 12th. The company reported GBX (0.01) ($0.00) EPS for the quarter. Microsaic Systems had a negative return on equity of 91.26% and a negative net margin of 273.87%.

Microsaic Systems Company Profile

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.