Surface Transforms (LON:SCE) Stock Price Up 23.8% – What’s Next?

Surface Transforms Plc (LON:SCE)’s share price shot up 23.8% during mid-day trading on Wednesday . The stock traded as high as GBX 0.33 ($0.00) and last traded at GBX 0.33 ($0.00). 28,156,666 shares changed hands during trading, an increase of 70% from the average session volume of 16,559,826 shares. The stock had previously closed at GBX 0.27 ($0.00).

Surface Transforms Trading Down 2.4 %

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 cap of £5.27 million, a price-to-earnings ratio of -5.91 and a beta of 0.35. The business’s 50 day moving average is GBX 0.25 and its 200 day moving average is GBX 1.08.

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.