MyCelx trading 'in line with expectations'

AIM-listed MyCelx Technologies, the clean water technology and engineering company, is continuing to trade "in line with market expectations", a company update has shown.

AIM-listed MyCelx Technologies, the clean water technology and engineering company, is continuing to trade "in line with market expectations", a company update has shown.

The company said that its expansion in recent years meant that it had now outgrown its current head office in Gainesville, Georgia, and had recently acquired new offices in Duluth, Georgia, to house its corporate headquarters, laboratory and production facilities, and research and development department.

In addition, the company said that its Houston engineering and technology demonstration centre had become fully operational, and included a demonstration system consisting of a MyCelx Advanced Coalescer, REGEN and Polisher.

MyCelx Technologies further strengthened its capabilities with the addition of new engineering and sales personnel in the Middle East, Houston and London.

MyCelx Technologies' share price was unchanged at 470p at 12:15 on Tuesday.

MF

Recommended

Broker safety – your questions answered
Investment strategy

Broker safety – your questions answered

Cris Sholto Heaton answers more of your questions about the safety of stockbroker accounts
25 Mar 2020
How demographics affects stock valuations
Investment strategy

How demographics affects stock valuations

New research suggests that stock and bond valuations are driven by the age of the population – at least in the US.
24 Feb 2020
Do you own shares in Sirius Minerals? Here’s what you need to do now
Stocks and shares

Do you own shares in Sirius Minerals? Here’s what you need to do now

Mining giant Anglo American has proposed a cash takeover of Yorkshire-based minnow Sirius Minerals. Unhappy shareholders must decide whether to accept…
20 Feb 2020

Most Popular

Prepare for the end of the epic bubble in US stocks
US stockmarkets

Prepare for the end of the epic bubble in US stocks

US stocks are as expensive as they’ve ever been. How can you prepare your portfolio for a bubble bursting?
18 Jan 2021
Why we won’t see a house-price crash in 2021
House prices

Why we won’t see a house-price crash in 2021

Lockdown sent house prices berserk as cooped up home-workers fled for bigger properties in the country. And while they won’t rise quite as much this y…
18 Jan 2021
Bitcoin: fool’s gold or the new gold?
Bitcoin

Bitcoin: fool’s gold or the new gold?

With bitcoin hitting new highs last week, and close to becoming a mainstream investment, is it really gold for the 21st century?
15 Jan 2021