Microsaic Systems (LON:MSYS) Stock Price Up 11.7% – Here’s Why

Microsaic Systems plc (LON:MSYS) rose 11.7% during mid-day trading on Tuesday . 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 were traded 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 Price 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 capitalization of £1.56 million, a price-to-earnings ratio of -3.35 and a beta of 0.32. The business’s fifty day simple moving average is GBX 0.79 and its 200 day simple moving average is GBX 0.99.

Microsaic Systems (LON:MSYS) last issued its earnings results on Tuesday, November 12th. The company reported GBX (0.01) ($0.00) EPS for the quarter. Microsaic Systems had a negative net margin of 273.87% and a negative return on equity of 91.26%.

About Microsaic Systems

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.