Microsaic Systems PLC (LON:MSYS) shares dropped 14% during trading on Tuesday . The company traded as low as GBX 0.93 ($0.01) and last traded at GBX 0.93 ($0.01). Approximately 1,552,047 shares traded hands during mid-day trading, an increase of 290% from the average daily volume of 397,646 shares. The stock had previously closed at GBX 1.08 ($0.01).
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Microsaic Systems Company Profile (LON:MSYS)
Microsaic Systems plc engages in the research, development, and commercialization of mass spectrometry (MS) instruments in the United Kingdom and internationally. It develops and markets chip-based MS instruments based on micro-electro-mechanical systems technology. The company offers micro engineered analytical instruments, such as Microsaic 3500 MiD, 4000 MiD, and 4500 MiD MS systems for bench chemists; MiDas, an integrated interface module and software package allowing automated sampling, dilution, and injection for direct MS analysis at lab bench or fume hoods; and Masscape, an open-access software for method development and LC-MS data analysis.
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