Gelion plc (LON:GELN – Get Free Report)’s stock price traded down 14.7% during trading on Thursday . The company traded as low as GBX 14.40 and last traded at GBX 14.50. Approximately 1,618,314 shares traded hands during mid-day trading, an increase of 548% from the average session volume of 249,823 shares. The stock had previously closed at GBX 17.
Gelion Stock Performance
The firm has a market cap of £34.99 million, a price-to-earnings ratio of -4.77 and a beta of 0.47. The stock has a fifty day moving average price of GBX 18.08 and a 200 day moving average price of GBX 17.43.
About Gelion
Gelion develops and commercialises next-generation battery technologies for electric mobility, e-aviation, and grid and stationary storage – built for high performance, safety, and cost effectiveness.
At the heart of its technology is Nano-Encapsulated Sulfur (NES™), a proprietary cathode active material. NES™ uses nanoconfinement to unlock the potential of lithium-sulfur and room-temperature sodium-sulfur batteries, targeting high energy density and strong power capability, while overcoming the limitations that have historically held sulfur-based batteries back.
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