MYCELX Technologies (LON:MYX) Stock Passes Below 200 Day Moving Average – Should You Sell?

MYCELX Technologies Co. (LON:MYX) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-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 traded.

MYCELX Technologies Price Performance

The firm has a 50 day moving average price of GBX 36.09 and a 200 day moving average price of GBX 42.92. The stock has a market cap of £7.53 million, a P/E ratio of -280.91 and a beta of 1.00. The company has a quick ratio of 2.97, a current ratio of 2.93 and a debt-to-equity ratio of 23.15.

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.