Microsaic Systems (LON:MSYS) Stock Price Up 16.2% – Here’s Why

Microsaic Systems plc (LON:MSYS) shares were up 16.2% on Monday . The stock traded as high as GBX 0.89 ($0.01) and last traded at GBX 0.88 ($0.01). Approximately 4,799,278 shares traded hands during mid-day trading, an increase of 533% from the average daily volume of 758,364 shares. The stock had previously closed at GBX 0.76 ($0.01).

Microsaic Systems Stock Up 2.4 %

The firm has a market capitalization of £1.56 million, a P/E ratio of -3.35 and a beta of 0.32. The company has a debt-to-equity ratio of 2.35, a quick ratio of 8.97 and a current ratio of 7.01. The stock has a 50 day moving average of GBX 0.79 and a 200-day moving average of GBX 0.99.

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

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.