Gelion plc (LON:GELN – Get Free Report)’s stock price was down 0.8% during trading on Thursday. The stock traded as low as GBX 12.56 and last traded at GBX 12.90. Approximately 163,361 shares changed hands during trading, a decline of 37% from the average session volume of 259,142 shares. The stock had previously closed at GBX 13.
Gelion Price Performance
The business has a fifty day simple moving average of GBX 16.84 and a 200 day simple moving average of GBX 16.99. The firm has a market cap of £29.30 million, a price-to-earnings ratio of -3.99 and a beta of 0.47.
Gelion Company Profile
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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