Gelion (LON:GELN) Posts Quarterly Earnings Results

Gelion (LON:GELN) announced its quarterly earnings data on Wednesday. The company reported GBX (3.10) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Gelion had a negative return on equity of 42.23% and a negative net margin of 592.70%.

Gelion Price Performance

LON GELN traded up GBX 5 on Wednesday, hitting GBX 21. 870,822 shares of the stock were exchanged, compared to its average volume of 263,472. Gelion has a 52-week low of GBX 12 and a 52-week high of GBX 28. The company’s 50-day moving average price is GBX 15.57 and its two-hundred day moving average price is GBX 16.95. The company has a market capitalization of £48.18 million, a price-to-earnings ratio of -6.56 and a beta of 0.47.

Gelion Company Profile

Gelion is a global energy storage company advancing the transition to a clean, electrified future.

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.