MYCELX Technologies Co. (LON:MYX) Insider Buys £38,662.92 in Stock

MYCELX Technologies Co. (LON:MYX) insider André Schnabl purchased 71,598 shares of the company’s stock in a transaction that occurred on Monday, May 20th. The stock was purchased at an average price of GBX 54 ($0.69) per share, for a total transaction of £38,662.92 ($49,139.45).

MYCELX Technologies Trading Up 0.8 %

Shares of LON:MYX opened at GBX 64 ($0.81) on Friday. The company has a debt-to-equity ratio of 11.29, a current ratio of 3.55 and a quick ratio of 2.97. MYCELX Technologies Co. has a 1 year low of GBX 29 ($0.37) and a 1 year high of GBX 77.90 ($0.99). The company has a market cap of £14.71 million, a P/E ratio of -640.00 and a beta of 0.92. The stock’s fifty day moving average price is GBX 53.05 and its 200-day moving average price is GBX 54.78.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 95 ($1.21) target price on shares of MYCELX Technologies in a research note on Thursday, May 16th.

About MYCELX Technologies

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.