Directa Plus (LON:DCTA) Shares Down 15% – Here’s Why

Directa Plus Plc (LON:DCTA)’s share price was down 15% during mid-day trading on Wednesday . The stock traded as low as GBX 8 and last traded at GBX 8.50. Approximately 41,819 shares traded hands during trading, a decline of 75% from the average daily volume of 166,270 shares. The stock had previously closed at GBX 10.

Directa Plus Trading Down 15.0%

The business’s 50 day simple moving average is GBX 13.29 and its 200 day simple moving average is GBX 10.26. The company has a debt-to-equity ratio of 35.71, a current ratio of 2.04 and a quick ratio of 4.88. The company has a market capitalization of £8.88 million, a price-to-earnings ratio of -2.13 and a beta of 0.74.

Directa Plus Company Profile

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.