Surface Transforms (LON:SCE) Trading 21.1% Higher – Here’s Why

Surface Transforms Plc (LON:SCEGet Free Report) traded up 21.1% during trading on Wednesday . The stock traded as high as GBX 0.12 and last traded at GBX 0.12. 42,763,207 shares changed hands during trading, an increase of 328% from the average session volume of 9,995,089 shares. The stock had previously closed at GBX 0.10.

Surface Transforms Price Performance

The stock has a 50-day moving average of GBX 1.70 and a two-hundred day moving average of GBX 1.92. The firm has a market cap of £2.38 million, a price-to-earnings ratio of -0.13 and a beta of 0.35. The company has a current ratio of 0.63, a quick ratio of 3.09 and a debt-to-equity ratio of 204.30.

Surface Transforms Company Profile

(Get Free Report)

Surface Transforms Plc, together with its subsidiaries, researches, designs, develops, manufactures, and sells carbon ceramic products for the brakes market in the United Kingdom, Germany, Sweden, rest of Europe, the United States, and internationally. The company offers carbon-ceramic brake discs for automotive and aircraft applications. It also provides carbon-ceramic materials for various applications, such as motorsports, military, and other special vehicles. The company was founded in 1992 and is based in Liverpool, the United Kingdom.

Further Reading

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