Gelion (LON:GELN) Announces Earnings Results

Gelion (LON:GELN) announced its earnings results on Monday. The company reported GBX (1.70) EPS for the quarter, Digital Look Earnings reports.

Gelion Stock Performance

Shares of Gelion stock opened at GBX 18 on Monday. The company has a current ratio of 4.73, a quick ratio of 22.26 and a debt-to-equity ratio of 0.07. The company has a market cap of £41.30 million, a PE ratio of -4.39 and a beta of -0.22. The company has a 50 day moving average of GBX 19.45 and a 200-day moving average of GBX 20.79. Gelion has a 1-year low of GBX 9 and a 1-year high of GBX 30.

Insider Buying and Selling

In other Gelion news, insider Amit Gupta bought 50,000 shares of the business’s stock in a transaction on Tuesday, December 23rd. The stock was purchased at an average cost of GBX 19 per share, for a total transaction of £9,500. 11.94% of the stock is currently owned by corporate insiders.

Gelion Company Profile

Gelion (“gel: ion”) is a global energy storage innovator, supporting the transition to a more sustainable economy by commercialising globally important next generation battery technologies: Sulfur based, Lithium-Sulfur (Li-S), Sodium-Sulfur (Na-S) and Zinc-based (Zn) hybrid cells to electrify mobile and stationary applications and battery recycling technology.

Gelion plc (the Group) is listed on the London Stock Exchange’s Alternative Investment Market and wholly owns UK based OXLiD Ltd and Battery Minerals Ltd and Australia based Gelion Technologies Pty Ltd.