Surface Transforms (LON:SCE) Announces Earnings Results

Surface Transforms (LON:SCE) released its quarterly earnings results on Tuesday. The company reported GBX (2.31) (($0.03)) EPS for the quarter, Digital Look Earnings reports. Surface Transforms had a negative net margin of 250.75% and a negative return on equity of 88.05%.

Surface Transforms Stock Down 24.5%

Shares of LON:SCE opened at GBX 1 ($0.01) on Tuesday. Surface Transforms has a 52-week low of GBX 0.15 ($0.00) and a 52-week high of GBX 2.27 ($0.03). The firm has a market capitalization of £12.66 million, a P/E ratio of 0.00 and a beta of 0.35. The stock has a 50 day moving average price of GBX 0.59 and a 200-day moving average price of GBX 0.43. The company has a debt-to-equity ratio of 16.90, a quick ratio of 3.09 and a current ratio of 2.88.

Surface Transforms Company Profile

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.