Haydale Graphene Industries (LON:HAYD) Hits New 12-Month Low – Here’s Why

Haydale Graphene Industries plc (LON:HAYD) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 0.25 and last traded at GBX 0.25, with a volume of 1804481 shares changing hands. The stock had previously closed at GBX 0.27.

Haydale Graphene Industries Price Performance

The business has a fifty day simple moving average of GBX 0.30 and a 200-day simple moving average of GBX 0.34. The stock has a market capitalization of £19.44 million, a P/E ratio of -0.76 and a beta of 2.28. The company has a debt-to-equity ratio of 8.65, a quick ratio of 1.10 and a current ratio of 1.88.

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