Surface Transforms (LON:SCE) Stock Passes Below 200 Day Moving Average – Here’s What Happened

Surface Transforms Plc (LON:SCEGet Free Report) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1.82 and traded as low as GBX 1.70. Surface Transforms shares last traded at GBX 1.73, with a volume of 14,894,698 shares trading hands.

Surface Transforms Stock Performance

The company has a market cap of £23.41 million, a price-to-earnings ratio of -1.27 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 stock’s 50 day moving average price is GBX 1.76 and its 200 day moving average price is GBX 1.82.

Surface Transforms Company Profile

(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. It also provides carbon-ceramic materials for various applications, such as motorsports, military, and other special vehicles. The company was founded in 1992 and is based in Liverpool, the United Kingdom.

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