Modern Water plc (MWG.L) (LON:MWG) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Modern Water plc (MWG.L) (LON:MWG) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 2.45 ($0.03) and traded as high as GBX 2.59 ($0.03). Modern Water plc (MWG.L) shares last traded at GBX 2.45 ($0.03), with a volume of 229,878 shares traded.

Modern Water plc (MWG.L) Trading Down 6.8 %

The company has a quick ratio of 0.92, a current ratio of 1.38 and a debt-to-equity ratio of 22.76. The stock has a market capitalization of £13.64 million and a P/E ratio of -2.04. The company has a fifty day simple moving average of GBX 2.45 and a two-hundred day simple moving average of GBX 2.45.

Modern Water plc (MWG.L) Company Profile

Modern Water plc owns, develops, and supplies technologies, products, and services to address the availability of fresh water, and for the treatment and disposal of wastewater in the Americas, Europe, the Middle East, and the Asia Pacific. The company operates in two segments, Membranes and Monitoring.