First Graphene (ASX:FGR) Trading Up 5.3%

First Graphene Ltd (ASX:FGR)’s stock price was up 5.3% during trading on Monday . The company traded as high as A$0.15 ($0.11) and last traded at A$0.15 ($0.11), approximately 546,576 shares traded hands during trading. A decline of 58% from the average daily volume of 1,300,000 shares. The stock had previously closed at A$0.14 ($0.10).

The company has a quick ratio of 3.77, a current ratio of 5.13 and a debt-to-equity ratio of 10.37. The stock has a market cap of $71.21 million and a PE ratio of -8.33. The stock’s fifty day moving average price is A$0.17 and its 200 day moving average price is A$0.21.

About First Graphene (ASX:FGR)

First Graphene Limited develops and produces high technology graphene materials in Sri Lanka. The company was formerly known as First Graphite Limited and changed its name to First Graphene Limited in November 2017. First Graphene Limited is based in Nedlands, Australia.

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