Modern Water plc (MWG.L) (LON:MWG) Share Price Crosses Above 200 Day Moving Average – Here’s Why

Modern Water plc (MWG.L) (LON:MWG)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2.45 ($0.03) and traded as high as GBX 2.59 ($0.03). Modern Water plc (MWG.L) shares last traded at GBX 2.45 ($0.03), with a volume of 229,878 shares changing hands.

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

The business has a fifty day moving average price of GBX 2.45 and a two-hundred day moving average price 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 company has a market cap of £13.64 million and a price-to-earnings 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.