Haydale Graphene Industries (LON:HAYD) Sets New 52-Week Low – Time to Sell?

Shares of Haydale Graphene Industries plc (LON:HAYD) reached a new 52-week low during trading on Monday . The company traded as low as GBX 0.25 and last traded at GBX 0.27, with a volume of 15451843 shares. The stock had previously closed at GBX 0.26.

Haydale Graphene Industries Stock Performance

The stock’s fifty day simple moving average is GBX 0.29 and its 200-day simple moving average is GBX 0.33. The company has a quick ratio of 1.10, a current ratio of 1.88 and a debt-to-equity ratio of 8.65. The company has a market capitalization of £20.99 million, a PE ratio of -0.82 and a beta of 2.28.

Haydale Graphene Industries (LON:HAYD) last announced its quarterly earnings results on Wednesday, June 24th. The company reported GBX (0.04) EPS for the quarter. The firm had revenue of GBX 225 million for the quarter. Haydale Graphene Industries had a negative return on equity of 85.45% and a negative net margin of 432.48%. On average, research analysts predict that Haydale Graphene Industries plc will post -0.2 earnings per share for the current fiscal year.

About Haydale Graphene Industries

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.