Surface Transforms (LON:SCE) Shares Down 8.7% – Time to Sell?

Shares of Surface Transforms Plc (LON:SCE) traded down 8.7% during mid-day trading on Wednesday . The company traded as low as GBX 0.41 ($0.01) and last traded at GBX 0.42 ($0.01). 26,411,793 shares traded hands during trading, an increase of 40% from the average session volume of 18,909,367 shares. The stock had previously closed at GBX 0.46 ($0.01).

Surface Transforms Stock Down 2.3 %

The company has a market capitalization of £5.46 million, a price-to-earnings ratio of -6.00 and a beta of 0.35. The firm has a 50-day moving average price of GBX 0.30 and a two-hundred day moving average price of GBX 0.91. The company has a debt-to-equity ratio of 23.92, a current ratio of 2.88 and a quick ratio of 3.09.

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.