Surface Transforms (LON:SCE) Stock Price Down 10% – Time to Sell?

Surface Transforms Plc (LON:SCE)’s stock price traded down 10% on Thursday . The company traded as low as GBX 0.35 ($0.00) and last traded at GBX 0.36 ($0.00). 21,749,053 shares traded hands during mid-day trading, an increase of 28% from the average session volume of 16,993,990 shares. The stock had previously closed at GBX 0.40 ($0.01).

Surface Transforms Stock Down 4.5 %

The company has a market capitalization of £4.41 million, a price-to-earnings ratio of -4.84 and a beta of 0.35. 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 firm’s 50 day simple moving average is GBX 0.26 and its 200-day simple moving average is GBX 1.05.

Surface Transforms Company Profile

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.