Microsaic Systems (LON:MSYS) Shares Up 11.7% – Still a Buy?

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

Microsaic Systems Stock Performance

The stock has a market cap 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 current ratio of 7.01 and a quick ratio of 8.97. The stock’s 50 day simple moving average is GBX 0.79 and its two-hundred day simple moving average is GBX 0.99.

Microsaic Systems (LON:MSYS) last posted its quarterly 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 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.