MYCELX Technologies (LON:MYX) Share Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

MYCELX Technologies Co. (LON:MYX)’s share price 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 traded.

MYCELX Technologies Price Performance

The business has a 50-day moving average price of GBX 34.04 and a two-hundred day moving average price of GBX 39.90. The company has a quick ratio of 2.97, a current ratio of 2.93 and a debt-to-equity ratio of 23.15. The firm has a market cap of £9.06 million, a PE ratio of -2.51 and a beta of 1.00.

MYCELX Technologies Company Profile

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.