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

Microsaic Systems plc (LON:MSYS) shares were up 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 changed 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 Price Performance

The stock has a market cap of £1.56 million, a PE ratio of -3.35 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. The stock’s fifty day moving average is GBX 0.79 and its 200-day moving average is GBX 0.99.

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