Surface Transforms (LON:SCE) Shares Cross Below 200 Day Moving Average – Here’s What Happened

Surface Transforms Plc (LON:SCE) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1.52 and traded as low as GBX 0.10. Surface Transforms shares last traded at GBX 0.12, with a volume of 6,838,854 shares traded.

Surface Transforms Stock Up 4.3%

The company has a debt-to-equity ratio of 204.30, a quick ratio of 3.09 and a current ratio of 0.63. The stock has a 50 day moving average price of GBX 0.74 and a 200 day moving average price of GBX 1.50. The company has a market cap of £1.56 million, a P/E ratio of -0.08 and a beta of 0.71.

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.