Microsaic Systems (LON:MSYS) Stock Price Up 12.6% – What’s Next?

Microsaic Systems plc (LON:MSYS)’s stock price shot up 12.6% during mid-day trading on Monday . The company traded as high as GBX 0.89 ($0.01) and last traded at GBX 0.86 ($0.01). 4,631,231 shares changed hands during mid-day trading, an increase of 518% from the average session volume of 749,028 shares. The stock had previously closed at GBX 0.76 ($0.01).

Microsaic Systems Stock Up 3.3 %

The company has a market cap of £1.57 million, a PE ratio of -3.38 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 firm has a fifty day simple moving average of GBX 0.79 and a 200 day simple moving average of GBX 0.99.

Microsaic Systems (LON:MSYS) last issued 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 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.