Haydale Graphene Industries (LON:HAYD) Stock Crosses Above 50-Day Moving Average – Here’s Why

Haydale Graphene Industries plc (LON:HAYD) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 0.12 ($0.00) and traded as high as GBX 0.12 ($0.00). Haydale Graphene Industries shares last traded at GBX 0.11 ($0.00), with a volume of 5,712,628 shares.

Haydale Graphene Industries Stock Down 0.9 %

The firm has a market cap of £2.05 million, a price-to-earnings ratio of -11.40 and a beta of 2.09. The stock has a 50-day moving average of GBX 0.12 and a 200-day moving average of GBX 0.21. The company has a current ratio of 3.16, a quick ratio of 1.10 and a debt-to-equity ratio of 33.24.

Haydale Graphene Industries (LON:HAYD) last posted its earnings results on Monday, December 2nd. The company reported GBX (0.40) ($0.00) earnings per share (EPS) for the quarter. Haydale Graphene Industries had a negative net margin of 114.94% and a negative return on equity of 60.33%. As a group, sell-side analysts forecast 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.