Surface Transforms (LON:SCE) Stock Passes Above 200-Day Moving Average – Here’s What Happened

Surface Transforms Plc (LON:SCE) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1.92 and traded as high as GBX 2.10. Surface Transforms shares last traded at GBX 1.98, with a volume of 969,324 shares.

Surface Transforms Stock Down 0.9%

The company has a market capitalization of £25.79 million, a price-to-earnings ratio of -1.40 and a beta of 0.35. The company has a current ratio of 2.88, a quick ratio of 3.09 and a debt-to-equity ratio of 16.90. The firm’s 50 day simple moving average is GBX 1.71 and its 200-day simple moving average is GBX 1.92.

About Surface Transforms

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.