MYCELX Technologies (LON:MYX) Shares Up 10.6% – Still a Buy?

Shares of MYCELX Technologies Co. (LON:MYX) were up 10.6% during trading on Monday . The company traded as high as GBX 30.65 and last traded at GBX 30.63. Approximately 1,018,978 shares traded hands during mid-day trading, an increase of 1,601% from the average daily volume of 59,921 shares. The stock had previously closed at GBX 27.70.

MYCELX Technologies Stock Performance

The company has a debt-to-equity ratio of 23.15, a current ratio of 2.93 and a quick ratio of 2.97. The stock has a market cap of £7.46 million, a price-to-earnings ratio of -2.19 and a beta of 1.00. The firm has a fifty day moving average of GBX 26.80 and a 200 day moving average of GBX 25.83.

MYCELX Technologies Company Profile

MYCELX Technologies Corporation, a clean water technology company, provides water treatment solutions to the oil and gas, power, marine, and heavy manufacturing sectors in the Middle East, the United States, Nigeria, Australia and internationally. The company offers oil removal solutions for upstream produced water to oil companies; and hydrocarbons removal services from downstream process wastewater that are used in petrochemical facilities and refineries.