Haydale Graphene Industries (LON:HAYD) Share Price Crosses Below 200-Day Moving Average – Time to Sell?

Shares of Haydale Graphene Industries plc (LON:HAYD) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 0.44 and traded as low as GBX 0.32. Haydale Graphene Industries shares last traded at GBX 0.33, with a volume of 3,792,686 shares traded.

Haydale Graphene Industries Price Performance

The company has a debt-to-equity ratio of 139.37, a current ratio of 2.28 and a quick ratio of 1.10. The firm has a market cap of £24.88 million, a price-to-earnings ratio of -0.97 and a beta of 2.16. The business’s 50-day moving average price is GBX 0.32 and its two-hundred day moving average price is GBX 0.43.

Haydale Graphene Industries (LON:HAYD) last released its quarterly earnings results on Tuesday, February 17th. The company reported GBX (0.08) earnings per share for the quarter. Haydale Graphene Industries had a negative return on equity of 222.53% and a negative net margin of 1,236.23%. On average, research analysts forecast that Haydale Graphene Industries plc will post -0.2 EPS for the current fiscal 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.