Microsaic Systems (LON:MSYS) Trading Up 11.7% – Here’s What Happened

Microsaic Systems plc (LON:MSYS) rose 11.7% during trading on Monday . The stock 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 company has a debt-to-equity ratio of 2.35, a current ratio of 7.01 and a quick ratio of 8.97. The firm has a market cap of £1.56 million, a price-to-earnings ratio of -3.35 and a beta of 0.32. The firm has a fifty day simple moving average of GBX 0.79 and a two-hundred day simple moving average of 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 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.