MYCELX Technologies (LON:MYX) Share Price Crosses Below 200-Day Moving Average – Here’s Why

MYCELX Technologies Co. (LON:MYX)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 52.13 and traded as low as GBX 50. MYCELX Technologies shares last traded at GBX 50, with a volume of 8,149 shares traded.

MYCELX Technologies Stock Performance

The company has a debt-to-equity ratio of 22.28, a current ratio of 2.45 and a quick ratio of 2.97. The stock has a 50 day simple moving average of GBX 55.37 and a two-hundred day simple moving average of GBX 52.21. The company has a market cap of £12.18 million, a PE ratio of 50.00 and a beta of 1.25.

About MYCELX Technologies

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. It also sells or leases its equipment; and sells consumable filtration media.