Haydale Graphene Industries (LON:HAYD) Hits New 12-Month Low – Should You Sell?

Shares of Haydale Graphene Industries plc (LON:HAYD) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 0.25 and last traded at GBX 0.26, with a volume of 14312807 shares changing hands. The stock had previously closed at GBX 0.26.

Haydale Graphene Industries Stock Up 2.0%

The company has a current ratio of 1.88, a quick ratio of 1.10 and a debt-to-equity ratio of 8.65. The stock has a 50-day moving average of GBX 0.29 and a 200-day moving average of GBX 0.33. The firm has a market cap of £20.21 million, a price-to-earnings ratio of -0.79 and a beta of 2.28.

Haydale Graphene Industries (LON:HAYD) last released its quarterly earnings results on Wednesday, June 24th. The company reported GBX (0.04) earnings per share for the quarter. The business had revenue of GBX 225 million for the quarter. Haydale Graphene Industries had a negative net margin of 432.48% and a negative return on equity of 85.45%. As a group, sell-side analysts forecast that Haydale Graphene Industries plc will post -0.2 EPS for the current fiscal 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. Haydale has been granted patents for its technologies in Europe, USA, Australia, Japan and China and operates from five sites in the UK, USA and the Far East.