Microsaic Systems (LON:MSYS) Trading Up 11.7% – Here’s Why

Shares of Microsaic Systems plc (LON:MSYS) rose 11.7% on Monday . The company traded as high as GBX 0.89 ($0.01) and last traded at GBX 0.85 ($0.01). Approximately 4,976,449 shares traded hands during trading, an increase of 548% from the average daily volume of 768,206 shares. The stock had previously closed at GBX 0.76 ($0.01).

Microsaic Systems Stock Up 2.4 %

The business has a fifty day moving average price of GBX 0.79 and a two-hundred day moving average price of GBX 0.99. The company has a debt-to-equity ratio of 2.35, a current ratio of 7.01 and a quick ratio of 8.97. The firm has a market cap of £1.56 million, a PE ratio of -3.35 and a beta of 0.32.

Microsaic Systems (LON:MSYS) last issued its earnings results on Tuesday, November 12th. The company reported GBX (0.01) ($0.00) 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.