Tirupati Graphite (LON:TGR) Trading 5.6% Higher – Time to Buy?

Tirupati Graphite plc (LON:TGRGet Free Report) traded up 5.6% during mid-day trading on Friday . The company traded as high as GBX 6.60 ($0.09) and last traded at GBX 6.60 ($0.09). 100,000 shares were traded during mid-day trading, a decline of 87% from the average session volume of 758,869 shares. The stock had previously closed at GBX 6.25 ($0.08).

Tirupati Graphite Stock Performance

The company has a debt-to-equity ratio of 9.28, a quick ratio of 2.46 and a current ratio of 2.23. The company has a market capitalization of £8.09 million, a P/E ratio of 110.00 and a beta of 0.93. The business’s fifty day simple moving average is GBX 6.32 and its 200-day simple moving average is GBX 5.95.

Tirupati Graphite Company Profile

(Get Free Report)

Tirupati Graphite plc, together with its subsidiaries, operates as a specialist graphite and graphene producer in Madagascar and India. It owns and operates the Vatomina and Sahamamy flake graphite projects located in Madagascar. The company also provides mineral processing technology development services.

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