Haydale Graphene Industries (LON:HAYD) Trading 6.6% Higher – What’s Next?

Haydale Graphene Industries plc (LON:HAYD) traded up 6.6% during trading on Tuesday . The company traded as high as GBX 0.35 and last traded at GBX 0.34. Approximately 50,926,699 shares changed hands during trading, an increase of 493% from the average session volume of 8,581,622 shares. The stock had previously closed at GBX 0.32.

Haydale Graphene Industries Price Performance

The company’s 50-day moving average is GBX 0.29 and its 200-day moving average is GBX 0.31. The firm has a market capitalization of £26.43 million, a price-to-earnings ratio of -1.03 and a beta of 2.29. The company has a debt-to-equity ratio of 8.65, a current ratio of 1.88 and a quick ratio of 1.10.

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