Microgen (LON:MCGN) Share Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Microgen plc (LON:MCGNGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 367.50 ($4.63) and traded as high as GBX 367.50 ($4.63). Microgen shares last traded at GBX 367.50 ($4.63), with a volume of 26,257 shares changing hands.

Microgen Price Performance

The stock has a market capitalization of £224.83 million and a PE ratio of 17.09. The stock’s 50-day moving average is GBX 367.50 and its 200 day moving average is GBX 367.50. The company has a debt-to-equity ratio of 18.22, a quick ratio of 1.14 and a current ratio of 1.16.

About Microgen

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Microgen plc, together with its subsidiaries, develops, implements, and supports business critical software and related services in the United Kingdom and internationally. It operates through two segments, Aptitude Software and Microgen Financial Systems. The Aptitude Software segment provides a suite of specialized finance management software applications for banking, healthcare, insurance, and telecommunications customers.

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