Surface Transforms (LON:SCE) Stock Price Passes Below 50 Day Moving Average of $17.20

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Shares of Surface Transforms plc (LON:SCE) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $17.20 and traded as low as $21.30. Surface Transforms shares last traded at $21.30, with a volume of 23,892 shares traded.

Separately, FinnCap reaffirmed a “corporate” rating and set a GBX 210 ($2.74) price objective (up previously from GBX 193 ($2.52)) on shares of in a research report on Tuesday, July 16th.

The company has a market capitalization of $28.56 million and a P/E ratio of -12.35. The company has a current ratio of 4.47, a quick ratio of 2.51 and a debt-to-equity ratio of 7.52. The firm has a 50-day moving average of GBX 17.37.

Surface Transforms Company Profile (LON:SCE)

Surface Transforms Plc, together with its subsidiaries, designs, develops, manufactures, and sells carbon ceramic products for the brakes market in the United Kingdom and rest of Europe; the United States; and internationally. It offers carbon-ceramic brake kits and brake disc assemblies for automotive OEMs.

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