MYCELX Technologies (LON:MYX) Shares Up 1% – What’s Next?

Posted by Donna Armstrong on Dec 22nd, 2024

Shares of MYCELX Technologies Co. (LON:MYX – Get Free Report) rose 1% during trading on Friday . The stock traded as high as GBX 37 ($0.46) and last traded at GBX 36.86 ($0.46). Approximately 109 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 29,025 shares. The stock had previously closed at GBX 36.50 ($0.46).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating and set a GBX 95 ($1.19) price objective on shares of MYCELX Technologies in a research report on Tuesday, September 24th.

Check Out Our Latest Research Report on MYCELX Technologies

MYCELX Technologies Stock Up 1.0 %

The company has a current ratio of 2.93, a quick ratio of 2.97 and a debt-to-equity ratio of 23.15. The company has a market capitalization of £8.98 million, a PE ratio of -335.09 and a beta of 1.00. The business has a fifty day moving average of GBX 38.14 and a 200 day moving average of GBX 47.66.

MYCELX Technologies Company Profile

(Get Free Report)

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.