Surface Transforms (LON:SCE) Trading Up 7.5% – Should You Buy?

Surface Transforms Plc (LON:SCE)’s share price shot up 7.5% during trading on Monday . The company traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.20 ($0.00). 4,657,538 shares were traded during mid-day trading, a decline of 69% from the average session volume of 14,829,165 shares. The stock had previously closed at GBX 0.19 ($0.00).

Surface Transforms Trading Up 7.5 %

The stock has a market cap of £2.60 million, a price-to-earnings ratio of -2.64 and a beta of 0.35. The business’s fifty day simple moving average is GBX 0.37 and its 200 day simple moving average is GBX 1.14. The company has a debt-to-equity ratio of 23.92, a current ratio of 2.88 and a quick ratio of 3.09.

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.