Haydale Graphene Industries (LON:HAYD) Stock Price Up 6.6% – Time to Buy?

Haydale Graphene Industries plc (LON:HAYD) shares were up 6.6% on Tuesday . The stock traded as high as GBX 0.35 and last traded at GBX 0.34. Approximately 50,926,699 shares were traded during trading, an increase of 493% from the average session volume of 8,581,622 shares. The stock had previously closed at GBX 0.32.

Haydale Graphene Industries Price Performance

The company has a debt-to-equity ratio of 8.65, a current ratio of 1.88 and a quick ratio of 1.10. The business’s fifty day moving average price is GBX 0.28 and its 200-day moving average price is GBX 0.31. The stock has a market capitalization of £26.36 million, a price-to-earnings ratio of -1.03 and a beta of 2.29.

Haydale Graphene Industries (LON:HAYD) last issued its quarterly earnings data on Wednesday, June 24th. The company reported GBX (0.04) EPS for the quarter. Haydale Graphene Industries had a negative return on equity of 85.45% and a negative net margin of 432.48%.The company had revenue of GBX 225 million during the quarter. On average, research analysts forecast 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.