Surface Transforms (LON:SCE) Shares Up 16.4% – What’s Next?

Shares of Surface Transforms Plc (LON:SCEGet Free Report) were up 16.4% during mid-day trading on Thursday . The company traded as high as GBX 0.33 ($0.00) and last traded at GBX 0.32 ($0.00). Approximately 28,560,535 shares traded hands during trading, an increase of 199% from the average daily volume of 9,552,288 shares. The stock had previously closed at GBX 0.28 ($0.00).

Surface Transforms Price Performance

The firm has a market capitalization of £4.05 million, a P/E ratio of 0.00 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 16.90. The firm has a 50 day moving average price of GBX 0.37 and a 200-day moving average price of GBX 0.57.

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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