Surface Transforms (LON:SCE) Stock Price Down 8.7% – Time to Sell?

Surface Transforms Plc (LON:SCEGet Free Report) shares dropped 8.7% during mid-day trading on Wednesday . The stock traded as low as GBX 0.41 ($0.01) and last traded at GBX 0.42 ($0.01). Approximately 26,411,793 shares changed hands during trading, an increase of 40% from the average daily volume of 18,909,367 shares. The stock had previously closed at GBX 0.46 ($0.01).

Surface Transforms Stock Performance

The company has a debt-to-equity ratio of 23.92, a current ratio of 2.88 and a quick ratio of 3.09. The stock has a market capitalization of £5.46 million, a price-to-earnings ratio of -6.00 and a beta of 0.35. The stock has a 50-day moving average of GBX 0.30 and a 200 day moving average of GBX 0.91.

About Surface Transforms

(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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