Surface Transforms (LON:SCE) Stock Passes Below 200 Day Moving Average – Here’s Why

Surface Transforms Plc (LON:SCEGet Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 0.83 ($0.01) and traded as low as GBX 0.40 ($0.01). Surface Transforms shares last traded at GBX 0.41 ($0.01), with a volume of 3,917,220 shares changing hands.

Surface Transforms Stock Performance

The stock has a 50-day moving average price of GBX 0.35 and a 200 day moving average price of GBX 0.82. The company has a quick ratio of 3.09, a current ratio of 2.88 and a debt-to-equity ratio of 23.92. The firm has a market capitalization of £5.37 million, a price-to-earnings ratio of -5.90 and a beta of 0.35.

About Surface Transforms

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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.

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