Microsaic Systems (LON:MSYS) Stock Price Up 10.6% – Still a Buy?

Microsaic Systems plc (LON:MSYS)’s stock price rose 10.6% during trading on Friday . The company traded as high as GBX 0.77 ($0.01) and last traded at GBX 0.77 ($0.01). Approximately 63,373 shares traded hands during trading, a decline of 16% from the average daily volume of 75,118 shares. The stock had previously closed at GBX 0.70 ($0.01).

Microsaic Systems Stock Up 10.6 %

The stock’s fifty day moving average is GBX 0.81 and its 200 day moving average is GBX 0.99. The company has a current ratio of 7.01, a quick ratio of 8.97 and a debt-to-equity ratio of 2.35. The company has a market capitalization of £1.39 million, a P/E ratio of -2.98 and a beta of 0.32.

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

Microsaic Systems Company Profile

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.