Gelion (LON:GELN) Issues Quarterly Earnings Results

Gelion (LON:GELN) posted its earnings results on Monday. The company reported GBX (1.70) earnings per share for the quarter, Digital Look Earnings reports. Gelion had a negative return on equity of 60.14% and a negative net margin of 462.80%.

Gelion Price Performance

GELN stock opened at GBX 20 on Wednesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 4.32 and a quick ratio of 22.26. The company’s 50-day moving average is GBX 19.46 and its 200-day moving average is GBX 20.73. The stock has a market capitalization of £45.88 million, a PE ratio of -4.88 and a beta of -0.22. Gelion has a 1 year low of GBX 9 and a 1 year high of GBX 30.

Insider Activity at Gelion

In other Gelion news, insider Amit Gupta purchased 50,000 shares of the firm’s stock in a transaction on Tuesday, December 23rd. The stock was acquired at an average price of GBX 19 per share, for a total transaction of £9,500. 11.94% of the stock is currently owned by corporate insiders.

Gelion Company Profile

Gelion (“gel: ion”) is a global energy storage innovator, supporting the transition to a more sustainable economy by commercialising globally important next generation battery technologies: Sulfur based, Lithium-Sulfur (Li-S), Sodium-Sulfur (Na-S) and Zinc-based (Zn) hybrid cells to electrify mobile and stationary applications and battery recycling technology.

Gelion plc (the Group) is listed on the London Stock Exchange’s Alternative Investment Market and wholly owns UK based OXLiD Ltd and Battery Minerals Ltd and Australia based Gelion Technologies Pty Ltd.