MYCELX Technologies (LON:MYX) Stock Passes Above 50-Day Moving Average – Time to Sell?

MYCELX Technologies Co. (LON:MYX)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 45.31 and traded as high as GBX 45.89. MYCELX Technologies shares last traded at GBX 45.78, with a volume of 31,848 shares trading hands.

MYCELX Technologies Stock Performance

The company has a debt-to-equity ratio of 31.73, a quick ratio of 2.97 and a current ratio of 1.24. The company has a market capitalization of £11.15 million, a P/E ratio of -3.27 and a beta of 1.00. The business has a 50 day moving average of GBX 45.31 and a 200-day moving average of GBX 34.81.

Insider Activity

In related news, insider Gareth Kaminski-Cook acquired 2,100 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were bought at an average cost of GBX 46 per share, for a total transaction of £966. Insiders own 30.35% 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. It also sells or leases its equipment; and sells consumable filtration media.