Microsaic Systems (LON:MSYS) Stock Price Up 11.7% – Still a Buy?

Microsaic Systems plc (LON:MSYS)’s stock price shot up 11.7% during trading on Monday . The company traded as high as GBX 0.89 ($0.01) and last traded at GBX 0.85 ($0.01). 4,976,449 shares changed hands during trading, an increase of 548% from the average session volume of 768,206 shares. The stock had previously closed at GBX 0.76 ($0.01).

Microsaic Systems Stock Performance

The company has a quick ratio of 8.97, a current ratio of 7.01 and a debt-to-equity ratio of 2.35. The firm has a 50-day moving average price of GBX 0.80 and a 200 day moving average price of GBX 0.99. The firm has a market capitalization of £1.52 million, a PE ratio of -3.27 and a beta of 0.32.

Microsaic Systems (LON:MSYS) last posted its earnings results on Tuesday, November 12th. The company reported GBX (0.01) ($0.00) earnings per share (EPS) for the quarter. Microsaic Systems had a negative return on equity of 91.26% and a negative net margin of 273.87%.

About Microsaic Systems

Microsaic Systems plc engages in the research, development, and commercialization of miniaturised mass spectrometry (MS) instruments in the United Kingdom, Japan, the United States, Europe, China, South Korea, and internationally. It develops and markets in-field screening solution for real-time monitoring used in various markets, such as water, pharmaceuticals, chemicals, academia, and food and beverage.