Microsaic Systems (MSYS)

Sector:

Electronic and Electrical Equipment

 0.85p
   
  • Change Today:
      0.000p
  • 52 Week High: 4.06p
  • 52 Week Low: 0.80p
  • Currency: UK Pounds
  • Shares Issued: 179.18m
  • Volume: 109,069
  • Market Cap: £1.52m

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 0.85p
Change Today 0.000p
% Change 0.00 %
52 Week High 4.06p
52 Week Low 0.80p
Volume 109,069
Shares Issued 179.18m
Market Cap £1.52m

MSYS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
62.88% below the market average62.88% below the market average62.88% below the market average62.88% below the market average62.88% below the market average
48.57% below the sector average48.57% below the sector average48.57% below the sector average48.57% below the sector average48.57% below the sector average
Price Trend
83.25% below the market average83.25% below the market average83.25% below the market average83.25% below the market average83.25% below the market average
72.97% below the sector average72.97% below the sector average72.97% below the sector average72.97% below the sector average72.97% below the sector average
Income Not Available
Growth
27.81% above the market average27.81% above the market average27.81% above the market average27.81% above the market average27.81% above the market average
21.21% above the sector average21.21% above the sector average21.21% above the sector average21.21% above the sector average21.21% above the sector average

MSYS Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
16:24 40,000 @ 0.80p
08:08 19,069 @ 0.84p

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