Tirupati Graphite plc (LON:TGR – Get Free Report) rose 11.2% on Thursday . The company traded as high as GBX 6 ($0.08) and last traded at GBX 5.84 ($0.07). Approximately 332,855 shares changed hands during trading, a decline of 56% from the average daily volume of 762,080 shares. The stock had previously closed at GBX 5.25 ($0.07).
Tirupati Graphite Stock Up 11.1 %
The firm’s fifty day simple moving average is GBX 5.47 and its two-hundred day simple moving average is GBX 10.42. 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 company has a market capitalization of £9.71 million, a price-to-earnings ratio of 125.00 and a beta of 0.60.
Insider Buying and Selling
In other news, insider Alastair Bath bought 54,545 shares of the business’s stock in a transaction on Monday, May 13th. The shares were bought at an average price of GBX 11 ($0.14) per share, with a total value of £5,999.95 ($7,625.76). Corporate insiders own 37.43% of the company’s stock.
Tirupati Graphite Company Profile
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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