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

MYCELX Technologies Co. (LON:MYX) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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 market cap of £9.06 million, a PE ratio of -2.51 and a beta of 1.00. 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 business has a 50-day simple moving average of GBX 34.04 and a 200-day simple moving average of GBX 39.90.

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.