Microgen (LON:MCGN) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Microgen plc (LON:MCGNGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 367.50 ($4.62) and traded as low as GBX 365 ($4.59). Microgen shares last traded at GBX 367.50 ($4.62), with a volume of 26,257 shares changing hands.

Microgen Price Performance

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

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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