Haydale Graphene Industries (LON:HAYD) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

Shares of Haydale Graphene Industries plc (LON:HAYD) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.33 and traded as low as GBX 0.26. Haydale Graphene Industries shares last traded at GBX 0.26, with a volume of 1,143,407 shares.

Haydale Graphene Industries Price Performance

The firm has a 50 day simple moving average of GBX 0.29 and a 200-day simple moving average of GBX 0.33. The company has a market cap of £20.21 million, a PE ratio of -0.79 and a beta of 2.28. The company has a quick ratio of 1.10, a current ratio of 1.88 and a debt-to-equity ratio of 8.65.

Haydale Graphene Industries (LON:HAYD) last posted its quarterly earnings data 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 business had revenue of GBX 225 million during the quarter. As a group, research analysts predict 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.