Directa Plus (LON:DCTA) Stock Price Up 12.5% – What’s Next?

Directa Plus Plc (LON:DCTA) was up 12.5% during trading on Tuesday . The stock traded as high as GBX 13.50 and last traded at GBX 13.50. Approximately 75,921 shares traded hands during trading, a decline of 73% from the average daily volume of 276,927 shares. The stock had previously closed at GBX 12.

Directa Plus Stock Performance

The business has a 50 day moving average price of GBX 8.77 and a 200 day moving average price of GBX 9.65. The company has a quick ratio of 4.88, a current ratio of 1.50 and a debt-to-equity ratio of 58.64. The stock has a market cap of £13.13 million, a P/E ratio of -3.14 and a beta of 0.74.

About Directa Plus

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. The markets where G+® is already at a commercial stage are: textile, environment, composites, elastomers and tires, battery and paints.

Directa Plus launched the Graphehe Factory in 2010, an industrial plant able to produce up to 30 tonnes of different grades of G+® depending on the market’s needs.