Haydale Graphene Industries (LON:HAYD) Stock Price Up 13.6% – What’s Next?

Shares of Haydale Graphene Industries plc (LON:HAYD) rose 13.6% during trading on Thursday . The company traded as high as GBX 0.35 and last traded at GBX 0.35. Approximately 19,455,189 shares changed hands during trading, an increase of 105% from the average daily volume of 9,476,755 shares. The stock had previously closed at GBX 0.31.

Haydale Graphene Industries Price Performance

The company has a market capitalization of £26.59 million, a P/E ratio of -1.04 and a beta of 2.16. The business’s 50-day simple moving average is GBX 0.34 and its 200 day simple moving average is GBX 0.47. The company has a current ratio of 2.28, a quick ratio of 1.10 and a debt-to-equity ratio of 139.37.

Haydale Graphene Industries (LON:HAYD) last announced its quarterly earnings data on Tuesday, February 17th. The company reported GBX (0.08) earnings per share (EPS) for the quarter. Haydale Graphene Industries had a negative return on equity of 222.53% and a negative net margin of 1,236.23%. As a group, sell-side analysts anticipate 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.