MYCELX Technologies (LON:MYX) Share Price Crosses Below 200 Day Moving Average of $56.58

MYCELX Technologies Co. (LON:MYXGet Free Report)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 56.58 ($0.71) and traded as low as GBX 48.30 ($0.61). MYCELX Technologies shares last traded at GBX 51 ($0.64), with a volume of 24,759 shares traded.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 95 ($1.19) price target on shares of MYCELX Technologies in a research note on Friday, February 23rd.

Read Our Latest Research Report on MYX

MYCELX Technologies Price Performance

The company has a current ratio of 3.55, a quick ratio of 2.97 and a debt-to-equity ratio of 11.29. The company has a market cap of £11.72 million, a PE ratio of -566.67 and a beta of 0.91. The firm has a 50 day moving average of GBX 50.71 and a two-hundred day moving average of GBX 56.58.

Insider Activity at MYCELX Technologies

In other MYCELX Technologies news, insider Tom Lamb acquired 2,000 shares of the stock in a transaction that occurred on Monday, March 25th. The shares were acquired at an average cost of GBX 50 ($0.63) per share, with a total value of £1,000 ($1,255.34). 20.61% of the stock is currently owned by insiders.

About MYCELX Technologies

(Get Free Report)

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.

Further Reading

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