Microgen (LON:MCGN) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Microgen plc (LON:MCGNGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 367.50 ($4.80) and traded as high as GBX 367.50 ($4.80). Microgen shares last traded at GBX 367.50 ($4.80), with a volume of 26,257 shares trading hands.

Microgen Stock Performance

The stock has a market capitalization of £224.83 million and a P/E ratio of 17.09. The stock has a 50 day simple moving average of GBX 367.50 and a two-hundred day simple moving average of GBX 367.50. The company has a quick ratio of 1.14, a current ratio of 1.16 and a debt-to-equity ratio of 18.22.

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.

Further Reading

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