Directa Plus (LON:DCTA) Shares Pass Below Fifty Day Moving Average – Here’s Why

Shares of Directa Plus Plc (LON:DCTAGet Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 6.67 ($0.09) and traded as low as GBX 6 ($0.08). Directa Plus shares last traded at GBX 6.45 ($0.08), with a volume of 47,150 shares trading hands.

Directa Plus Stock Down 0.8 %

The company has a debt-to-equity ratio of 58.64, a current ratio of 1.50 and a quick ratio of 4.88. The stock has a 50-day moving average of GBX 6.67 and a 200-day moving average of GBX 8.87. The firm has a market cap of £8.68 million, a price-to-earnings ratio of -1.15 and a beta of 0.74.

About Directa Plus

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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.

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