Microgen (LON:MCGN) Share Price Crosses Below 200-Day Moving Average – Here’s What Happened

Microgen plc (LON:MCGNGet Free Report)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 367.50 ($4.62) and traded as low as GBX 365 ($4.59). Microgen shares last traded at GBX 367.50 ($4.62), with a volume of 26,257 shares traded.

Microgen Price Performance

The company has a debt-to-equity ratio of 18.22, a quick ratio of 1.14 and a current ratio of 1.16. The firm’s 50-day moving average is GBX 367.50 and its 200 day moving average is GBX 367.50. The firm has a market capitalization of £224.83 million and a PE ratio of 17.09.

About Microgen

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Microgen plc, together with its subsidiaries, develops, implements, and supports business critical software and related services in the United Kingdom and internationally. It operates through two segments, Aptitude Software and Microgen Financial Systems. The Aptitude Software segment provides a suite of specialized finance management software applications for banking, healthcare, insurance, and telecommunications customers.

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