Gelion plc (LON:GELN – Get Free Report) shares traded down 5.6% during trading on Thursday . The company traded as low as GBX 17 and last traded at GBX 17. 17,924 shares were traded during trading, a decline of 93% from the average daily volume of 269,714 shares. The stock had previously closed at GBX 18.
Gelion Price Performance
The stock has a market cap of £39.00 million, a P/E ratio of -5.31 and a beta of 0.46. The firm’s fifty day moving average price is GBX 18.22 and its two-hundred day moving average price is GBX 17.88.
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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