Microsaic Systems (LON:MSYS) Stock Price Up 11.7% – Here’s What Happened

Microsaic Systems plc (LON:MSYS)’s share price traded up 11.7% during mid-day trading on Monday . The company 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 mid-day 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 Stock Up 2.4 %

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 has a market cap of £1.56 million, a price-to-earnings ratio of -3.35 and a beta of 0.32. The firm’s 50-day moving average is GBX 0.79 and its 200 day moving average is GBX 0.99.

Microsaic Systems (LON:MSYS) last released 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.