Microsaic Systems (LON:MSYS) Stock Price Up 10.6% – Still a Buy?

Microsaic Systems plc (LON:MSYS)’s stock price shot up 10.6% on Friday . The company traded as high as GBX 0.77 ($0.01) and last traded at GBX 0.77 ($0.01). 63,373 shares changed 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 Stock Up 10.6 %

The stock’s 50-day moving average price is GBX 0.81 and its two-hundred day moving average price is GBX 0.99. The stock has a market capitalization of £1.39 million, a PE ratio of -2.98 and a beta of 0.32. The company has a debt-to-equity ratio of 2.35, a quick ratio of 8.97 and a current ratio of 7.01.

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

Microsaic Systems Company Profile

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.