Gelion plc (LON:GELN) Insider Purchases £4,679.74 in Stock

Gelion plc (LON:GELN) insider Joycelyn Cheryl Morton acquired 17,999 shares of the firm’s stock in a transaction on Wednesday, July 17th. The stock was purchased at an average price of GBX 26 ($0.34) per share, with a total value of £4,679.74 ($6,068.91).

Gelion Stock Performance

GELN stock opened at GBX 25.50 ($0.33) on Friday. The company has a quick ratio of 22.26, a current ratio of 7.34 and a debt-to-equity ratio of 0.11. The firm has a market cap of £34.68 million, a PE ratio of -425.00 and a beta of -0.26. The business has a 50 day moving average of GBX 19.90 and a 200-day moving average of GBX 19.84. Gelion plc has a 12-month low of GBX 14 ($0.18) and a 12-month high of GBX 33 ($0.43).

Gelion Company Profile

Gelion plc, together with its subsidiary, engages in the research and development, design, manufacture, and sale of battery systems in the United Kingdom and internationally. The company offers storage batteries, which include lithium-sulfur and zinc hybrid cell batteries. Its products are used in various applications, including drones/unmanned aerial vehicles, commercial e-aviation, passenger and heavy vehicles, and heavy electric vehicles; and stand-alone power systems, commercial and industry systems, pole-top batteries, uninterruptible power supplies, utility-scale stationary ESS, and reserve power applications.