Surface Transforms (LON:SCE) Trading Up 23.7% – Here’s What Happened

Surface Transforms Plc (LON:SCEGet Free Report) shot up 23.7% on Thursday . The company traded as high as GBX 0.47 ($0.01) and last traded at GBX 0.47 ($0.01). 22,682,461 shares traded hands during mid-day trading, an increase of 92% from the average session volume of 11,815,789 shares. The stock had previously closed at GBX 0.38 ($0.00).

Surface Transforms Stock Performance

The stock’s 50 day moving average is GBX 0.33 and its two-hundred day moving average is GBX 0.86. The stock has a market capitalization of £5.85 million, a price-to-earnings ratio of -6.43 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 23.92.

About Surface Transforms

(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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