Directa Plus (LON:DCTA) Stock Price Up 22.4% After Insider Buying Activity

Directa Plus Plc (LON:DCTA) shares were up 22.4% during trading on Monday after an insider bought additional shares in the company. The stock traded as high as GBX 10 ($0.13) and last traded at GBX 10 ($0.13). Approximately 64,346 shares were traded during mid-day trading, a decline of 12% from the average daily volume of 72,962 shares. The stock had previously closed at GBX 8.17 ($0.11).

Specifically, insider Richard Hickinbotham acquired 25,000 shares of the firm’s stock in a transaction on Friday, June 13th. The stock was bought at an average cost of GBX 8 ($0.11) per share, with a total value of £2,000 ($2,684.92). Also, insider Giorgio Bonfanti acquired 25,000 shares of the stock in a transaction that occurred on Friday, June 13th. The stock was purchased at an average price of GBX 8 ($0.11) per share, for a total transaction of £2,000 ($2,684.92).

Directa Plus Stock Performance

The company has a market cap of £24.19 million, a PE ratio of -3.20 and a beta of 0.74. The company has a debt-to-equity ratio of 58.64, a quick ratio of 4.88 and a current ratio of 1.50. The stock’s 50-day simple moving average is GBX 7.50 and its 200 day simple moving average is GBX 7.06.

Directa Plus Company Profile

Directa Plus has a unique and patented, chemical-free production process of pristine graphene nanoplatelets (GNPs), tailored to our partners’ and customers’ requirements. The manufacturing model is flexible and scalable. We have a pioneering vision of the applications of G+® Graphene Plus in different industrial sectors.