Microsaic Systems (LON:MSYS) Trading Up 10.6% – Here’s Why

Microsaic Systems plc (LON:MSYS) shares traded up 10.6% during mid-day trading on Friday . The stock traded as high as GBX 0.77 ($0.01) and last traded at GBX 0.77 ($0.01). 63,373 shares traded hands during mid-day trading, a decline of 16% from the average session volume of 75,118 shares. The stock had previously closed at GBX 0.70 ($0.01).

Microsaic Systems Trading Up 8.7 %

The company has a 50-day simple moving average of GBX 0.80 and a 200-day simple moving average of GBX 0.99. The company has a debt-to-equity ratio of 2.35, a quick ratio of 8.97 and a current ratio of 7.01. The stock has a market cap of £1.36 million, a P/E ratio of -2.93 and a beta of 0.32.

Microsaic Systems (LON:MSYS) last issued its quarterly earnings data on Tuesday, November 12th. The company reported GBX (0.01) ($0.00) earnings per share (EPS) for the quarter. Microsaic Systems had a negative net margin of 273.87% and a negative return on equity of 91.26%.

About Microsaic Systems

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.