Surface Transforms (LON:SCE) Stock Price Up 9.1% – Here’s Why

Surface Transforms Plc (LON:SCE)’s share price traded up 9.1% during trading on Wednesday . The stock traded as high as GBX 0.12 and last traded at GBX 0.12. 3,505,128 shares changed hands during trading, a decline of 84% from the average session volume of 21,826,799 shares. The stock had previously closed at GBX 0.11.

Surface Transforms Trading Up 9.1%

The company has a market cap of £1.56 million, a price-to-earnings ratio of -0.08 and a beta of 0.71. The company’s 50-day moving average is GBX 1.55 and its 200 day moving average is GBX 1.87. The company has a quick ratio of 3.09, a current ratio of 0.63 and a debt-to-equity ratio of 204.30.

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.