Microsaic Systems (LON:MSYS) Trading Up 11.7% – Still a Buy?

Microsaic Systems plc (LON:MSYS)’s stock price shot up 11.7% on Monday . The company traded as high as GBX 0.89 ($0.01) and last traded at GBX 0.85 ($0.01). 4,976,449 shares traded hands during trading, an increase of 548% from the average session volume of 768,206 shares. The stock had previously closed at GBX 0.76 ($0.01).

Microsaic Systems Trading Up 2.4 %

The business has a 50-day moving average price of GBX 0.79 and a two-hundred day moving average price of GBX 0.99. The stock has a market capitalization of £1.56 million, a P/E ratio of -3.35 and a beta of 0.32. The company has a current ratio of 7.01, a quick ratio of 8.97 and a debt-to-equity ratio of 2.35.

Microsaic Systems (LON:MSYS) last released its 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 net margin of 273.87% and a negative return on equity of 91.26%.

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.