Directa Plus (LON:DCTA) Reaches New 52-Week High on Insider Buying Activity

Directa Plus Plc (LON:DCTA) shares hit a new 52-week high during mid-day trading on Thursday following insider buying activity. The stock traded as high as GBX 21 ($0.28) and last traded at GBX 20.40 ($0.27), with a volume of 410409 shares. The stock had previously closed at GBX 17.34 ($0.23).

Specifically, insider Giulio Giuseppe Cesareo acquired 23,500 shares of the stock in a transaction that occurred on Wednesday, June 18th. The shares were bought at an average cost of GBX 18 ($0.24) per share, for a total transaction of £4,230 ($5,696.20). Also, insider Giulio Giuseppe Cesareo acquired 50,000 shares of the stock in a transaction that occurred on Friday, June 13th. The stock was purchased at an average price of GBX 11 ($0.15) per share, for a total transaction of £5,500 ($7,406.41). In other news, insider Richard Hickinbotham acquired 25,000 shares of the stock in a transaction that occurred on Friday, June 13th. The shares were bought at an average cost of GBX 8 ($0.11) per share, for a total transaction of £2,000 ($2,693.24).

Directa Plus Trading Up 17.6%

The company has a current ratio of 1.50, a quick ratio of 4.88 and a debt-to-equity ratio of 58.64. The company has a market capitalization of £27.44 million, a price-to-earnings ratio of -3.63 and a beta of 0.74. The company has a fifty day moving average of GBX 7.95 and a 200-day moving average of GBX 7.22.

Directa Plus Company Profile

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.