Shares of Gelion plc (LON:GELN – Get Free Report) were down 2.6% during mid-day trading on Thursday . The company traded as low as GBX 18 and last traded at GBX 19. Approximately 795,420 shares changed hands during trading, an increase of 210% from the average session volume of 256,263 shares. The stock had previously closed at GBX 19.50.
Gelion Stock Performance
The stock has a market cap of £43.59 million, a PE ratio of -5.94 and a beta of 0.46. The firm has a fifty day moving average price of GBX 18.49 and a 200 day moving average price of GBX 17.71.
About Gelion
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.
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