MYCELX Technologies (LON:MYX) Stock Passes Above Two Hundred Day Moving Average of $55.13

Shares of MYCELX Technologies Co. (LON:MYX) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 55.13 ($0.69) and traded as high as GBX 56.60 ($0.71). MYCELX Technologies shares last traded at GBX 55.50 ($0.70), with a volume of 31,037 shares traded.

Analysts Set New Price Targets

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

MYCELX Technologies Trading Down 2.6 %

The stock has a market capitalization of £12.75 million, a P/E ratio of -555.00 and a beta of 0.95. 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 50-day moving average price of GBX 50.40 and a 200 day moving average price of GBX 55.13.

Insider Transactions at MYCELX Technologies

In other MYCELX Technologies news, insider Connie Mixon bought 49,300 shares of MYCELX Technologies stock in a transaction that occurred on Friday, April 5th. The shares were bought at an average cost of GBX 51 ($0.64) per share, with a total value of £25,143 ($31,582.72). In other news, insider Connie Mixon acquired 49,300 shares of the business’s stock in a transaction dated Friday, April 5th. The shares were acquired at an average cost of GBX 51 ($0.64) per share, with a total value of £25,143 ($31,582.72). Also, insider Tom Lamb acquired 6,000 shares of the business’s stock in a transaction dated Wednesday, March 20th. The stock was purchased at an average cost of GBX 49 ($0.62) per share, for a total transaction of £2,940 ($3,693.00). In the last three months, insiders purchased 57,300 shares of company stock valued at $2,908,300. Corporate insiders own 20.94% of the company’s stock.

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.