MYCELX Technologies (LON:MYX) Stock Passes Below Two Hundred Day Moving Average – Time to Sell?

MYCELX Technologies Co. (LON:MYX) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 42.92 ($0.53) and traded as low as GBX 30 ($0.37). MYCELX Technologies shares last traded at GBX 30 ($0.37), with a volume of 117,450 shares trading hands.

MYCELX Technologies Stock Performance

The business’s fifty day simple moving average is GBX 36.09 and its 200-day simple moving average is GBX 42.92. The company has a market capitalization of £7.53 million, a P/E ratio of -280.91 and a beta of 1.00. The company has a debt-to-equity ratio of 23.15, a quick ratio of 2.97 and a current ratio of 2.93.

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.