MYCELX Technologies (LON:MYX) Shares Down 10.5%

MYCELX Technologies Co. (LON:MYX) traded down 10.5% during mid-day trading on Monday . The stock traded as low as GBX 36.25 ($0.48) and last traded at GBX 42.50 ($0.56). 151,545 shares traded hands during trading, an increase of 505% from the average session volume of 25,051 shares. The stock had previously closed at GBX 47.50 ($0.63).

MYCELX Technologies Trading Down 10.5 %

The company has a current ratio of 2.36, a quick ratio of 2.97 and a debt-to-equity ratio of 12.42. The company’s fifty day moving average is GBX 53.07 and its 200-day moving average is GBX 54.84. The firm has a market capitalization of £10.35 million, a P/E ratio of -408.33 and a beta of 1.00.

Insider Buying and Selling

In other news, insider André Schnabl acquired 48,836 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The stock was acquired at an average cost of GBX 51 ($0.67) per share, with a total value of £24,906.36 ($32,901.40). 19.26% of the stock is owned by insiders.

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.