Amiad Water Systems (LON:AFS) Share Price Crosses Below 50-Day Moving Average – Here’s Why

Shares of Amiad Water Systems Ltd. (LON:AFS) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 364 ($4.55) and traded as low as GBX 335 ($4.19). Amiad Water Systems shares last traded at GBX 364 ($4.55), with a volume of 22,786 shares traded.

Amiad Water Systems Stock Up 2.2 %

The business has a 50-day moving average price of GBX 364 and a 200-day moving average price of GBX 364. The stock has a market cap of £110.71 million and a PE ratio of 53.53. The company has a current ratio of 2.52, a quick ratio of 1.71 and a debt-to-equity ratio of 39.59.

Amiad Water Systems Company Profile

Amiad Water Systems Ltd., together with its subsidiaries, produces and supplies water filters and filtration systems for the industrial, municipal, ballast water, oil and gas, and irrigation markets worldwide. It offers automatic, semi-automatic, and manual filters, as well as fertigation injectors for farmers and large agricultural co-ops; automatic filters for industrial sector; and develops, manufactures, and distributes water treatment and filtration solutions for potable water and wastewater in various applications, such as pre-filtration for UV and tertiary treatment, and polishing, as well as for MF, UF, NF, and RO membranes.