Directa Plus (LON:DCTA) Trading Up 16.7% – Here’s Why

Directa Plus Plc (LON:DCTA) shares were up 16.7% on Thursday . The stock traded as high as GBX 7 and last traded at GBX 7. Approximately 98,852 shares changed hands during mid-day trading, a decline of 44% from the average daily volume of 175,972 shares. The stock had previously closed at GBX 6.

Directa Plus Price Performance

The firm’s 50-day moving average is GBX 12.07 and its two-hundred day moving average is GBX 9.97. The company has a market cap of £7.31 million, a P/E ratio of -1.75 and a beta of 0.74. The company has a debt-to-equity ratio of 35.71, a current ratio of 2.04 and a quick ratio of 4.88.

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.