Modern Water (LON:MWG) Stock Passes Below Two Hundred Day Moving Average of $4.09

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Modern Water Plc (LON:MWG) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $4.09 and traded as low as $1.46. Modern Water shares last traded at $1.58, with a volume of 271,552 shares traded.

The company’s fifty day moving average is GBX 1.80 and its 200 day moving average is GBX 4.09. The firm has a market cap of $1.78 million and a price-to-earnings ratio of -0.72. The company has a quick ratio of 0.60, a current ratio of 1.17 and a debt-to-equity ratio of 25.70.

About Modern Water (LON:MWG)

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 worldwide. The company operates in two segments, Membranes and Monitoring. It owns, installs, and operates water and industrial water treatment membrane solutions and products, including membrane brine concentration technologies; multi stage flash desalination plants; forward osmosis desalination plants; evaporative cooling systems; and enhanced oil recovery and hydro osmotic power applications.

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