MYCELX Technologies (LON:MYX) Stock Passes Below 200-Day Moving Average – Time to Sell?

MYCELX Technologies Co. (LON:MYX) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 41.08 ($0.52) and traded as low as GBX 31.15 ($0.39). MYCELX Technologies shares last traded at GBX 31.15 ($0.39), with a volume of 50,346 shares trading hands.

MYCELX Technologies Price Performance

The company has a debt-to-equity ratio of 23.15, a current ratio of 2.93 and a quick ratio of 2.97. The company’s 50 day simple moving average is GBX 34.56 and its 200 day simple moving average is GBX 40.90. The company has a market capitalization of £9.06 million, a PE ratio of -2.51 and a beta of 1.00.

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.