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

Shares of Surface Transforms Plc (LON:SCEGet Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 0.99 ($0.01) and traded as low as GBX 0.39 ($0.00). Surface Transforms shares last traded at GBX 0.41 ($0.01), with a volume of 5,208,485 shares traded.

Surface Transforms Stock Up 5.1 %

The firm has a market capitalization of £5.33 million, a price-to-earnings ratio of -5.86 and a beta of 0.35. The company has a quick ratio of 3.09, a current ratio of 2.88 and a debt-to-equity ratio of 23.92. The company’s 50 day moving average price is GBX 0.27 and its 200 day moving average price is GBX 0.99.

About Surface Transforms

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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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