Surface Transforms (LON:SCE) Share Price Crosses Below 200-Day Moving Average – Here’s Why

Surface Transforms Plc (LON:SCEGet Free Report)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1.85 and traded as low as GBX 1.60. Surface Transforms shares last traded at GBX 1.60, with a volume of 1,508,407 shares traded.

Surface Transforms Price Performance

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 has a 50-day moving average price of GBX 1.73 and a 200 day moving average price of GBX 1.85. The stock has a market capitalization of £20.83 million, a price-to-earnings ratio of -1.13 and a beta of 0.35.

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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