Surface Transforms (LON:SCE) Stock Price Down 8.7% – Here’s What Happened

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

Surface Transforms Stock Down 2.3 %

The company has a market cap of £5.46 million, a price-to-earnings ratio of -6.00 and a beta of 0.35. 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 firm has a 50-day moving average price of GBX 0.30 and a 200 day moving average price of GBX 0.90.

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.

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