Haydale Graphene Industries (LON:HAYD) Shares Up 13.6% – Time to Buy?

Haydale Graphene Industries plc (LON:HAYD) shares rose 13.6% during mid-day trading on Thursday . The stock traded as high as GBX 0.35 and last traded at GBX 0.35. Approximately 19,455,189 shares were traded during trading, an increase of 105% from the average daily volume of 9,476,755 shares. The stock had previously closed at GBX 0.31.

Haydale Graphene Industries Stock Up 10.4%

The firm has a market capitalization of £26.43 million, a PE ratio of -1.03 and a beta of 2.05. The company has a fifty day moving average price of GBX 0.35 and a 200-day moving average price of GBX 0.47. The company has a debt-to-equity ratio of 139.37, a quick ratio of 1.10 and a current ratio of 2.28.

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