Surface Transforms (LON:SCE) Stock Price Up 12.5% – Here’s Why

Surface Transforms Plc (LON:SCE)’s stock price was up 12.5% on Thursday . The company traded as high as GBX 1.90 and last traded at GBX 1.80. Approximately 6,260,315 shares changed hands during trading, an increase of 89% from the average daily volume of 3,308,760 shares. The stock had previously closed at GBX 1.60.

Surface Transforms Stock Up 7.8%

The company has a debt-to-equity ratio of 16.90, a current ratio of 2.88 and a quick ratio of 3.09. The company has a market cap of £25.27 million, a P/E ratio of -1.37 and a beta of 0.35. The stock has a fifty day moving average price of GBX 1.67 and a two-hundred day moving average price of GBX 1.90.

Surface Transforms Company Profile

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.