Directa Plus (LON:DCTA) Stock Price Down 7.7% – Here’s What Happened

Directa Plus Plc (LON:DCTA)’s share price dropped 7.7% during trading on Wednesday . The stock traded as low as GBX 11 and last traded at GBX 12. Approximately 174,907 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 227,607 shares. The stock had previously closed at GBX 13.

Directa Plus Price Performance

The business has a fifty day simple moving average of GBX 12.60 and a two-hundred day simple moving average of GBX 10.27. The company has a market capitalization of £14.10 million, a price-to-earnings ratio of -3.38 and a beta of 0.74. The company has a quick ratio of 4.88, a current ratio of 1.50 and a debt-to-equity ratio of 58.64.

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.