MYCELX Technologies (LON:MYX) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

MYCELX Technologies Co. (LON:MYX) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 38.82 ($0.49) and traded as low as GBX 31.50 ($0.40). MYCELX Technologies shares last traded at GBX 33.75 ($0.43), with a volume of 118,462 shares trading hands.

MYCELX Technologies Price Performance

The stock has a market capitalization of £9.71 million, a PE ratio of -2.69 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. The stock’s 50 day moving average price is GBX 33.49 and its 200-day moving average price is GBX 38.82.

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.