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Surface Transforms (LON:SCE) was upgraded by stock analysts at Seymour Pierce to a “buy” rating in a report issued on Thursday, StockRatingsNetwork reports. The firm currently has a GBX 1.43 ($0.02) price objective on the stock. Seymour Pierce’s price objective indicates a potential downside of 85.66% from the stock’s previous close.

Surface Transforms (LON:SCE) traded up 2.30% during mid-day trading on Thursday, hitting GBX 9.9738. The stock had a trading volume of 128,466 shares. Surface Transforms has a one year low of GBX 6.012 and a one year high of GBX 12.125. The stock has a 50-day moving average of GBX 11.27 and a 200-day moving average of GBX 10.27.

Surface Transforms plc is a United Kingdom-based company. The Company is engaged in the development and manufacture of carbon fiber reinforced ceramic product (LON:SCE) for automotive disc brake and aircraft and rocket component applications.

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