Surface Transforms (LON:SCE) Shares Cross Below 200 Day Moving Average – Here’s Why

Surface Transforms Plc (LON:SCE)’s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 1.52 and traded as low as GBX 0.10. Surface Transforms shares last traded at GBX 0.12, with a volume of 6,838,854 shares.

Surface Transforms Trading Up 4.3%

The firm’s fifty day simple moving average is GBX 0.77 and its 200 day simple moving average is GBX 1.52. The stock has a market capitalization of £1.56 million, a P/E ratio of -0.08 and a beta of 0.71. The company has a debt-to-equity ratio of 204.30, a quick ratio of 3.09 and a current ratio of 0.63.

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.