Haydale Graphene Industries (LON:HAYD) Shares Cross Below 200 Day Moving Average – Here’s Why

Haydale Graphene Industries plc (LON:HAYD)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 0.17 ($0.00) and traded as low as GBX 0.13 ($0.00). Haydale Graphene Industries shares last traded at GBX 0.13 ($0.00), with a volume of 3,977,122 shares traded.

Haydale Graphene Industries Stock Performance

The company has a debt-to-equity ratio of 24.78, a current ratio of 2.15 and a quick ratio of 1.10. The business’s fifty day simple moving average is GBX 0.12 and its 200 day simple moving average is GBX 0.16. The stock has a market cap of £4.89 million, a price-to-earnings ratio of -0.27 and a beta of 2.09.

Haydale Graphene Industries (LON:HAYD) last posted its quarterly earnings results on Thursday, March 13th. The company reported GBX (0.12) ($0.00) EPS for the quarter. Haydale Graphene Industries had a negative net margin of 126.76% and a negative return on equity of 96.62%. On average, research analysts predict that Haydale Graphene Industries plc will post -0.2 EPS for the current year.

Haydale Graphene Industries Company Profile

Haydale is a global technologies group and service provider that facilitates the integration of graphene and other nanomaterials into the next generation of industrial materials and commercial technologies. With expertise in graphene, other nanomaterials and Silicon Carbide, Haydale is able to deliver improvements in electrical, thermal and mechanical properties.