Haydale Graphene Industries (LON:HAYD) Trading Up 9.7% – What’s Next?

Shares of Haydale Graphene Industries plc (LON:HAYD) traded up 9.7% on Wednesday . The stock traded as high as GBX 0.55 and last traded at GBX 0.53. 6,842,669 shares changed hands during mid-day trading, a decline of 49% from the average session volume of 13,404,519 shares. The stock had previously closed at GBX 0.49.

Haydale Graphene Industries Price Performance

The firm has a 50-day moving average of GBX 0.57 and a 200 day moving average of GBX 0.60. The company has a market capitalization of £23.00 million, a PE ratio of -1.61 and a beta of 2.09. The company has a debt-to-equity ratio of 24.78, a current ratio of 2.15 and a quick ratio of 1.10.

Haydale Graphene Industries Company Profile

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.