Directa Plus (LON:DCTA) Sets New 52-Week High – What’s Next?

Shares of Directa Plus Plc (LON:DCTA) hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 24 and last traded at GBX 22, with a volume of 155340 shares. The stock had previously closed at GBX 20.

Directa Plus Price Performance

The stock has a fifty day moving average of GBX 10.41 and a 200-day moving average of GBX 9.79. The firm has a market capitalization of £22.97 million, a P/E ratio of -5.50 and a beta of 0.74. The company has a quick ratio of 4.88, a current ratio of 1.50 and a debt-to-equity ratio of 58.64.

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.