Surface Transforms (LON:SCE) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

Surface Transforms Plc (LON:SCE) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1.46 and traded as high as GBX 2.04. Surface Transforms shares last traded at GBX 1.99, with a volume of 3,503,282 shares.

Surface Transforms Trading Down 0.5%

The business has a 50-day moving average of GBX 2.31 and a 200 day moving average of GBX 1.47. The stock has a market cap of £25.91 million, a PE ratio of -1.40 and a beta of 0.35. The company has a debt-to-equity ratio of 16.90, a quick ratio of 3.09 and a current ratio of 2.88.

Surface Transforms (LON:SCE) last issued its quarterly earnings results on Tuesday, September 23rd. The company reported GBX (0.39) earnings per share for the quarter. Surface Transforms had a negative net margin of 250.75% and a negative return on equity of 88.05%. Equities research analysts predict that Surface Transforms Plc will post 0.0144785 EPS for the current fiscal year.

Insiders Place Their Bets

In other Surface Transforms news, insider Paul Marr acquired 300,000 shares of the company’s stock in a transaction dated Thursday, October 9th. The stock was bought at an average price of GBX 2 per share, with a total value of £6,000. 4.65% of the stock is currently owned by company insiders.

About Surface Transforms

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.