Modern Water plc (MWG.L) (LON:MWG) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

Shares of Modern Water plc (MWG.L) (LON:MWG) crossed above its 200-day moving average during trading on Wednesday . 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 traded.

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

The company has a market capitalization of £13.64 million and a price-to-earnings ratio of -2.04. The company has a debt-to-equity ratio of 22.76, a current ratio of 1.38 and a quick ratio of 0.92. The firm has a 50-day moving average price of GBX 2.45 and a two-hundred day moving average price of GBX 2.45.

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.