MYCELX Technologies (LON:MYX) Stock Price Down 8.5% – Time to Sell?

MYCELX Technologies Co. (LON:MYX) shares fell 8.5% during trading on Tuesday . The company traded as low as GBX 27 ($0.35) and last traded at GBX 27 ($0.35). 3,000 shares changed hands during trading, a decline of 87% from the average session volume of 23,137 shares. The stock had previously closed at GBX 29.50 ($0.38).

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 stock has a market capitalization of £7.77 million, a price-to-earnings ratio of -2.15 and a beta of 1.00. The company has a 50-day simple moving average of GBX 31.59 and a two-hundred day simple moving average of GBX 36.02.

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.