Surface Transforms (LON:SCE) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

Surface Transforms Plc (LON:SCEGet Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.52 and traded as low as GBX 0.10. Surface Transforms shares last traded at GBX 0.12, with a volume of 6,838,854 shares.

Surface Transforms Price Performance

The company has a quick ratio of 3.09, a current ratio of 0.85 and a debt-to-equity ratio of 72.13. The company has a market capitalization of £1.56 million, a price-to-earnings ratio of -0.08 and a beta of 0.71. The stock’s fifty day moving average price is GBX 0.12 and its 200-day moving average price is GBX 0.52.

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. 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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