Modern Water plc (MWG.L) (LON:MWG) Trading Down 6.8% – Here’s What Happened

Modern Water plc (MWG.L) (LON:MWG) shares were down 6.8% during mid-day trading on Friday . The company traded as low as GBX 2.40 ($0.03) and last traded at GBX 2.45 ($0.03). Approximately 229,878 shares were traded during trading, a decline of 97% from the average daily volume of 7,692,437 shares. The stock had previously closed at GBX 2.63 ($0.03).

Modern Water plc (MWG.L) Trading Down 6.8 %

The firm has a fifty day simple moving average of GBX 2.45 and a two-hundred day simple moving average of GBX 2.45. The company has a current ratio of 1.38, a quick ratio of 0.92 and a debt-to-equity ratio of 22.76. The stock has a market cap of £13.64 million and a PE ratio of -2.04.

About Modern Water plc (MWG.L)

Modern Water plc owns, develops, and supplies technologies, products, and services to address the availability of fresh water, and for the treatment and disposal of wastewater in the Americas, Europe, the Middle East, and the Asia Pacific. The company operates in two segments, Membranes and Monitoring.