Directa Plus (LON:DCTA) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

Directa Plus Plc (LON:DCTA)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 13.04 and traded as low as GBX 11. Directa Plus shares last traded at GBX 11, with a volume of 82,312 shares changing hands.

Directa Plus Trading Up 8.2%

The firm has a market cap of £12.43 million, a P/E ratio of -2.98 and a beta of 0.74. The firm has a fifty day moving average of GBX 13.23 and a 200-day moving average of GBX 10.29. The company has a debt-to-equity ratio of 35.71, a quick ratio of 4.88 and a current ratio of 2.04.

About Directa Plus

Directa Plus has a unique and patented, chemical-free production process of pristine graphene nanoplatelets (GNPs), tailored to our partners’ and customers’ requirements. The manufacturing model is flexible and scalable. We have a pioneering vision of the applications of G+® Graphene Plus in different industrial sectors. The markets where G+® is already at a commercial stage are: textile, environment, composites, elastomers and tires, battery and paints.

Directa Plus launched the Graphehe Factory in 2010, an industrial plant able to produce up to 30 tonnes of different grades of G+® depending on the market’s needs.