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

Microsaic Systems plc (LON:MSYS)’s share price traded up 11.7% during trading on Monday . The stock 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 11.7 %

The business has a 50 day simple moving average of GBX 0.80 and a 200-day simple moving average of GBX 0.99. The stock has a market capitalization of £1.52 million, a price-to-earnings ratio of -3.27 and a beta of 0.32. The company has a debt-to-equity ratio of 2.35, a current ratio of 7.01 and a quick ratio of 8.97.

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

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.