Haydale Graphene Industries (LON:HAYD) Stock Passes Below Two Hundred Day Moving Average – Here’s What Happened

Haydale Graphene Industries plc (LON:HAYD)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 0.34 and traded as low as GBX 0.26. Haydale Graphene Industries shares last traded at GBX 0.26, with a volume of 9,812,110 shares.

Haydale Graphene Industries Trading Down 1.9%

The company has a debt-to-equity ratio of 8.65, a quick ratio of 1.10 and a current ratio of 1.88. The firm has a fifty day moving average price of GBX 0.30 and a 200 day moving average price of GBX 0.34. The company has a market cap of £20.21 million, a price-to-earnings ratio of -0.79 and a beta of 2.28.

Haydale Graphene Industries (LON:HAYD) last issued its earnings results on Wednesday, June 24th. The company reported GBX (0.04) earnings per share for the quarter. Haydale Graphene Industries had a negative return on equity of 85.45% and a negative net margin of 432.48%.The firm had revenue of GBX 225 million for the quarter. As a group, equities analysts predict that Haydale Graphene Industries plc will post -0.2 EPS for the current fiscal year.

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.