MYCELX Technologies (LON:MYX) Stock Price Passes Above Fifty Day Moving Average – Time to Sell?

MYCELX Technologies Co. (LON:MYX) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 34.87 and traded as high as GBX 45.50. MYCELX Technologies shares last traded at GBX 45, with a volume of 471 shares.

MYCELX Technologies Stock Performance

The company has a 50-day simple moving average of GBX 34.87 and a two-hundred day simple moving average of GBX 29.69. 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 firm has a market capitalization of £10.96 million, a P/E ratio of -3.21 and a beta of 1.00.

Insiders Place Their Bets

In other news, insider Gareth Kaminski-Cook acquired 2,100 shares of the firm’s stock in a transaction on Thursday, February 12th. The stock was acquired at an average price of GBX 46 per share, for a total transaction of £966. 30.34% of the stock is currently owned by insiders.

About MYCELX Technologies

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. It also sells or leases its equipment; and sells consumable filtration media.