Scidev (ASX:SDV) Stock Price Up 15.3%

Scidev Ltd (ASX:SDV) rose 15.3% during mid-day trading on Tuesday . The company traded as high as A$0.40 ($0.28) and last traded at A$0.34 ($0.24), approximately 2,228,825 shares were traded during mid-day trading. The stock had previously closed at A$0.30 ($0.21).

The company has a debt-to-equity ratio of 0.91, a current ratio of 2.33 and a quick ratio of 1.67. The firm has a market cap of $56.35 million and a PE ratio of -26.67. The stock’s fifty day simple moving average is A$0.65 and its 200-day simple moving average is A$0.56.

In other news, insider Trevor Jones 250,000 shares of the company’s stock in a transaction that occurred on Monday, January 20th.

About Scidev (ASX:SDV)

SciDev Ltd manufactures and supplies chemicals for industrial wastewater treatment in Australia. It offers coagulants and flocculants under the MAXIFLOX, DAIRYFLOX, OPTIFLOX, and BIOFLOX brands for mining and mineral processing, dairy products manufacturing, food products manufacturing, and sewage treatment, as well as industrial liquid waste treatment, power generation, oil and gas production, personal products and cosmetics manufacturing, paper and cardboard manufacturing, and paint manufacturing industries.

Further Reading: What is Cost of Debt?

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