Directa Plus (LON:DCTA) Sets New 1-Year High After Insider Buying Activity

Directa Plus Plc (LON:DCTAGet Free Report)’s stock price reached a new 52-week high during trading on Thursday after an insider bought additional shares in the company. The stock traded as high as GBX 21 ($0.28) and last traded at GBX 20.40 ($0.27), with a volume of 410409 shares. The stock had previously closed at GBX 17.34 ($0.23).

Specifically, insider Giulio Giuseppe Cesareo bought 23,500 shares of the company’s stock in a transaction that occurred on Wednesday, June 18th. The shares were purchased at an average price of GBX 18 ($0.24) per share, for a total transaction of £4,230 ($5,688.54). Also, insider Giulio Giuseppe Cesareo bought 50,000 shares of the company’s stock in a transaction that occurred on Friday, June 13th. The stock was purchased at an average price of GBX 11 ($0.15) per share, for a total transaction of £5,500 ($7,396.45). In other news, insider Richard Hickinbotham bought 25,000 shares of the company’s stock in a transaction that occurred on Friday, June 13th. The shares were purchased at an average price of GBX 8 ($0.11) per share, for a total transaction of £2,000 ($2,689.62).

Directa Plus Trading Down 4.4%

The stock has a 50-day moving average of GBX 8.19 and a 200 day moving average of GBX 7.29. The stock has a market cap of £26.23 million, a PE ratio of -3.47 and a beta of 0.74. The company has a quick ratio of 4.88, a current ratio of 1.50 and a debt-to-equity ratio of 58.64.

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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