Surface Transforms (LON:SCE) Shares Up 23.7% – Time to Buy?

Surface Transforms Plc (LON:SCEGet Free Report)’s stock price rose 23.7% during trading on Thursday . The stock traded as high as GBX 0.47 ($0.01) and last traded at GBX 0.47 ($0.01). Approximately 22,682,461 shares were traded during mid-day trading, an increase of 92% from the average daily volume of 11,815,789 shares. The stock had previously closed at GBX 0.38 ($0.00).

Surface Transforms Price Performance

The company has a current ratio of 2.88, a quick ratio of 3.09 and a debt-to-equity ratio of 23.92. The business’s 50 day moving average price is GBX 0.32 and its two-hundred day moving average price is GBX 0.86. The stock has a market cap of £6.11 million, a P/E ratio of -6.71 and a beta of 0.35.

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.

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