MYCELX Technologies (LON:MYX) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Shares of MYCELX Technologies Co. (LON:MYX) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 26.43 ($0.36) and traded as high as GBX 27.50 ($0.37). MYCELX Technologies shares last traded at GBX 27.50 ($0.37), with a volume of 37 shares trading hands.

MYCELX Technologies Price Performance

The firm has a market cap of £6.70 million, a price-to-earnings ratio of -229.17 and a beta of 1.00. The company has a debt-to-equity ratio of 23.15, a quick ratio of 2.97 and a current ratio of 2.93. The business has a 50 day simple moving average of GBX 25.38 and a 200-day simple moving average of GBX 26.43.

MYCELX Technologies Company Profile

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.