Haydale Graphene Industries (LON:HAYD) Stock Price Passes Above 50 Day Moving Average – Time to Sell?

Haydale Graphene Industries plc (LON:HAYD) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 0.28 and traded as high as GBX 0.32. Haydale Graphene Industries shares last traded at GBX 0.31, with a volume of 2,283,408 shares traded.

Haydale Graphene Industries Stock Performance

The firm has a market cap of £24.18 million, a price-to-earnings ratio of -0.94 and a beta of 2.29. The company has a quick ratio of 1.10, a current ratio of 1.88 and a debt-to-equity ratio of 8.65. The company has a 50 day moving average of GBX 0.28 and a 200 day moving average of GBX 0.31.

Haydale Graphene Industries (LON:HAYD) last issued 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 net margin of 432.48% and a negative return on equity of 85.45%. The business had revenue of GBX 225 million for the quarter. As a group, equities research analysts expect that Haydale Graphene Industries plc will post -0.2 EPS 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.