MYCELX Technologies (LON:MYX) Shares Down 12.2% – Here’s What Happened

Shares of MYCELX Technologies Co. (LON:MYX) were down 12.2% during trading on Tuesday . The stock traded as low as GBX 41.40 and last traded at GBX 43. 188,595 shares changed hands during mid-day trading, an increase of 643% from the average daily volume of 25,396 shares. The stock had previously closed at GBX 49.

MYCELX Technologies Stock Performance

The company has a current ratio of 2.45, a quick ratio of 2.97 and a debt-to-equity ratio of 22.28. The firm has a market capitalization of £10.73 million, a PE ratio of 44.04 and a beta of 1.25. The stock’s 50 day moving average price is GBX 59.31 and its two-hundred day moving average price is GBX 51.59.

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. It also sells or leases its equipment; and sells consumable filtration media.