Microsaic Systems (MSYS)

Sector:

Electronic and Electrical Equipment

0.98p
   
  • Change Today:
    -0.025p
  • 52 Week High: 23.44
  • 52 Week Low: 0.96
  • Currency: UK Pounds
  • Shares Issued: 179.18m
  • Volume: 2,186,520
  • Market Cap: £1.75m
  • Beta: 1.34

Microsaic jumps following mass spectrometry breakthrough

By Duncan Ferris

Date: Monday 03 Jun 2019

LONDON (ShareCast) - (Sharecast News) - Microsaic Systems surged on Monday after reporting a technological breakthrough that it says could provide customers with \"significant\" cost and time savings.
The mass spectrometry instrument developer said that it has developed proof of concept workflows to analyse in real-time complex samples from bioreactors, allowing customers to replace expensive analysers that have been a mainstay of bio-analysis.

Glenn Tracey, chief executive of Microsaic, said: \"As our technology can measure small and large molecules simultaneously, we can potentially replace workflows which use several analysis techniques costing hundreds of thousands of pounds each in capital expenditure. Additionally, because our technology is \'label-free\', Microsaic can potentially save hours of workflow time and provide a significant saving in reagent costs.\"

Tracey added that new demands on bioprocessing mean that there is a requirement for real-time information, highlighting the importance of the AIM traded company\'s technology\'s ability to sample the media from a bioreactor in real-time to provide critical information regarding process monitoring and quality attributes of the end-product.

Microsaic Systems\' shares were up 8.00% at 1.43p at 1044 BST.

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MSYS Market Data

Currency UK Pounds
Share Price 0.98p
Change Today -0.025p
% Change -2.50 %
52 Week High 23.44
52 Week Low 0.96
Volume 2,186,520
Shares Issued 179.18m
Market Cap £1.75m
Beta 1.34

MSYS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
26.22% above the market average26.22% above the market average26.22% above the market average26.22% above the market average26.22% above the market average
64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average64.71% above the sector average
Price Trend
98.73% below the market average98.73% below the market average98.73% below the market average98.73% below the market average98.73% below the market average
94.87% below the sector average94.87% below the sector average94.87% below the sector average94.87% below the sector average94.87% below the sector average
Income Not Available
Growth
70.58% above the market average70.58% above the market average70.58% above the market average70.58% above the market average70.58% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average

MSYS Dividends

No dividends found

Trades for 03-May-2024

Time Volume / Share Price
15:49 1,000,000 @ 0.96p
15:29 50,000 @ 1.00p
14:41 49,244 @ 1.00p
12:39 200 @ 1.00p
11:49 78,444 @ 1.00p

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