MYCELX Technologies (LON:MYX) Shares Down 10.5%

MYCELX Technologies Co. (LON:MYX)’s share price fell 10.5% on Monday . The company traded as low as GBX 36.25 ($0.48) and last traded at GBX 42.50 ($0.56). 151,545 shares were traded during mid-day trading, an increase of 505% from the average session volume of 25,051 shares. The stock had previously closed at GBX 47.50 ($0.63).

MYCELX Technologies Trading Down 10.5 %

The company has a current ratio of 2.36, a quick ratio of 2.97 and a debt-to-equity ratio of 12.42. The business’s fifty day simple moving average is GBX 53.07 and its two-hundred day simple moving average is GBX 54.84. The stock has a market capitalization of £10.35 million, a P/E ratio of -408.33 and a beta of 1.00.

Insider Activity

In other MYCELX Technologies news, insider André Schnabl acquired 48,836 shares of the company’s stock in a transaction dated Friday, August 23rd. The stock was bought at an average price of GBX 51 ($0.67) per share, for a total transaction of £24,906.36 ($32,901.40). Corporate insiders own 19.26% of the company’s stock.

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.