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

How to be better at selling stocks
Investment strategy

How to be better at selling stocks

There is plenty of advice around about buying stocks, but not so much about when you should sell. John Stepek explains the two key things to know abou…
14 Jan 2022
Share tips of the week – 14 January
Share tips

Share tips of the week – 14 January

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
14 Jan 2022
Fintech: how to profit as technology transforms banking around the world
Share tips

Fintech: how to profit as technology transforms banking around the world

Financial technology – from apps to APIs to the cloud – is rapidly transforming financial services. This will spell doom for some incumbent firms, whi…
14 Jan 2022
Three solid assets to buy for a low interest-rate world
Share tips

Three solid assets to buy for a low interest-rate world

Professional investor Luke Hyde-Smith of the Waverton Real Assets Fund, highlights three alternative investments to diversify your portfolio.
14 Jan 2022

Most Popular

Five unexpected events that could shock the markets in 2022
Stockmarkets

Five unexpected events that could shock the markets in 2022

Forget Covid-19 – it’s the unexpected twists that will rattle markets in 2022, says Matthew Lynn. Here are five possibilities
31 Dec 2021
Which investment trusts performed the best in 2021?
Investment trusts

Which investment trusts performed the best in 2021?

Shivani Khandekar runs through the top ten investment trusts of 2021 – and the worst performing trusts – and looks ahead to 2022.
7 Jan 2022
Interest rates might rise faster than expected – what does that mean for your money?
Global Economy

Interest rates might rise faster than expected – what does that mean for your money?

The idea that the US Federal Reserve could raise interest rates much earlier than anticipated has upset the markets. John Stepek explains why, and wha…
6 Jan 2022