Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An announcement from Surface Transforms ( (GB:SCE) ) is now available.
Surface Transforms plc announced that Gareth Laker, a person discharging managerial responsibilities, purchased 205,905 ordinary shares at a price of 2.428 pence per share. This transaction increases Laker’s beneficial interest to 445,115 shares, representing 0.034% of the company’s total voting rights. This move reflects confidence in the company’s market position and its innovative technology in the automotive brake disc industry.
The most recent analyst rating on (GB:SCE) stock is a Hold with a £1.50 price target. To see the full list of analyst forecasts on Surface Transforms stock, see the GB:SCE Stock Forecast page.
Spark’s Take on GB:SCE Stock
According to Spark, TipRanks’ AI Analyst, GB:SCE is a Neutral.
Surface Transforms’ overall stock score of 49 reflects its financial challenges and mixed technical signals, offset by positive corporate events. The company’s financial instability and negative profitability weigh heavily on the score. However, recent operational improvements and strong insider confidence provide a positive outlook for future growth.
To see Spark’s full report on GB:SCE stock, click here.
More about Surface Transforms
Surface Transforms plc is a UK-based company that develops and produces carbon-ceramic material automotive brake discs. It is the only manufacturer of carbon-ceramic brake discs in the UK and one of only two mainstream companies globally. The company serves major OEMs in the global automotive markets, utilizing proprietary technology to create lightweight, high-performance brake discs for both internal combustion and electric vehicles. Surface Transforms’ products offer significant advantages over traditional iron brake discs, including weight savings, longer life, and superior performance.
Average Trading Volume: 10,946,421
Technical Sentiment Signal: Sell
Current Market Cap: £32.88M
For an in-depth examination of SCE stock, go to TipRanks’ Overview page.