Haydale Graphene Industries (LON:HAYD) Stock Passes Above 50-Day Moving Average – Here’s What Happened

Haydale Graphene Industries plc (LON:HAYD)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 0.28 and traded as high as GBX 0.32. Haydale Graphene Industries shares last traded at GBX 0.31, with a volume of 2,283,408 shares trading hands.

Haydale Graphene Industries Trading Down 1.0%

The company has a fifty day moving average of GBX 0.28 and a two-hundred day moving average of GBX 0.31. 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 stock has a market capitalization of £24.26 million, a price-to-earnings ratio of -0.95 and a beta of 2.29.

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