Directa Plus (LON:DCTA) Shares Up 20.7% – Here’s Why

Shares of Directa Plus Plc (LON:DCTA) rose 20.7% on Friday . The stock traded as high as GBX 8.50 and last traded at GBX 8.15. Approximately 687,858 shares changed hands during trading, an increase of 849% from the average daily volume of 72,456 shares. The stock had previously closed at GBX 6.75.

Directa Plus Trading Up 20.7%

The business’s 50-day moving average is GBX 7.25 and its two-hundred day moving average is GBX 10.07. The company has a debt-to-equity ratio of 58.64, a current ratio of 1.50 and a quick ratio of 4.88. The firm has a market cap of £8.51 million, a P/E ratio of -2.04 and a beta of 0.74.

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.