Tirupati Graphite plc (LON:TGR – Get Free Report) shares were down 18.7% during mid-day trading on Tuesday . The company traded as low as GBX 6 ($0.08) and last traded at GBX 6.10 ($0.08). Approximately 1,458,105 shares changed hands during mid-day trading, an increase of 81% from the average daily volume of 805,776 shares. The stock had previously closed at GBX 7.50 ($0.10).
Tirupati Graphite Price Performance
The company has a current ratio of 2.23, a quick ratio of 2.46 and a debt-to-equity ratio of 9.28. The business has a fifty day moving average price of GBX 5.52 and a 200-day moving average price of GBX 10.17. The stock has a market capitalization of £8.29 million, a PE ratio of 116.67 and a beta of 0.60.
Insider Activity
In other Tirupati Graphite news, insider Alastair Bath purchased 54,545 shares of the stock in a transaction on Monday, May 13th. The stock was acquired at an average price of GBX 11 ($0.14) per share, with a total value of £5,999.95 ($7,662.77). 37.43% of the stock is currently owned by corporate insiders.
About Tirupati Graphite
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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