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

Microsaic Systems plc (LON:MSYS)’s stock price shot up 11.7% during trading on Monday . The stock 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 Trading Up 11.7 %

The company has a debt-to-equity ratio of 2.35, a quick ratio of 8.97 and a current ratio of 7.01. The firm has a fifty day moving average of GBX 0.80 and a 200 day moving average 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 quarterly earnings data 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.