Tirupati Graphite plc (LON:TGR – Get Free Report)’s share price shot up 0.3% during mid-day trading on Friday . The stock traded as high as GBX 5.95 ($0.07) and last traded at GBX 5.77 ($0.07). 23,338 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 785,891 shares. The stock had previously closed at GBX 5.75 ($0.07).
Tirupati Graphite Price Performance
The company has a quick ratio of 2.46, a current ratio of 2.23 and a debt-to-equity ratio of 9.28. The firm has a market capitalization of £7.15 million, a PE ratio of 96.08 and a beta of 0.69. The firm’s fifty day simple moving average is GBX 6.53 and its 200-day simple moving average is GBX 12.72.
Insiders Place Their Bets
In other news, insider Alastair Bath bought 290,199 shares of the firm’s stock in a transaction on Tuesday, March 19th. The stock was acquired at an average cost of GBX 5 ($0.06) per share, with a total value of £14,509.95 ($18,062.93). Corporate insiders own 32.65% of the company’s stock.
Tirupati Graphite Company Profile
Tirupati Graphite plc, together with its subsidiaries, operates as a specialist graphite and graphene producer in Madagascar and India. It owns and operates the Vatomina and Sahamamy flake graphite projects located in Madagascar. The company also provides mineral processing technology development services.
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