Microsaic Systems (LON:MSYS) Trading 11.7% Higher – Still a Buy?

Shares of Microsaic Systems plc (LON:MSYS) shot up 11.7% during mid-day trading on Monday . The stock 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 Trading Up 2.4 %

The firm has a market cap of £1.56 million, a price-to-earnings ratio of -3.35 and a beta of 0.32. 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’s fifty day moving average is GBX 0.79 and its 200-day moving average is GBX 0.99.

Microsaic Systems (LON:MSYS) last released its earnings results on Tuesday, November 12th. The company reported GBX (0.01) ($0.00) earnings per share (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.