Surface Transforms (LON:SCE) Stock Passes Above 200-Day Moving Average – Here’s What Happened

Surface Transforms Plc (LON:SCE) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1.92 and traded as high as GBX 2.10. Surface Transforms shares last traded at GBX 1.98, with a volume of 969,324 shares changing hands.

Surface Transforms Price Performance

The stock has a fifty day moving average of GBX 1.71 and a two-hundred day moving average of GBX 1.92. The stock has a market cap of £25.79 million, a price-to-earnings ratio of -1.40 and a beta of 0.35. The company has a quick ratio of 3.09, a current ratio of 2.88 and a debt-to-equity ratio of 16.90.

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. 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.