Haydale Graphene Industries (LON:HAYD) Sets New 52-Week Low – Time to Sell?

Shares of Haydale Graphene Industries plc (LON:HAYD) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 0.25 and last traded at GBX 0.26, with a volume of 14312807 shares. The stock had previously closed at GBX 0.26.

Haydale Graphene Industries Trading Down 3.0%

The business’s 50 day moving average price is GBX 0.29 and its two-hundred day moving average price is GBX 0.33. The company has a current ratio of 1.88, a quick ratio of 1.10 and a debt-to-equity ratio of 8.65. The company has a market capitalization of £19.83 million, a price-to-earnings ratio of -0.77 and a beta of 2.28.

Haydale Graphene Industries (LON:HAYD) last released its quarterly earnings data on Wednesday, June 24th. The company reported GBX (0.04) earnings per share (EPS) for the quarter. The company had revenue of GBX 225 million for the quarter. Haydale Graphene Industries had a negative return on equity of 85.45% and a negative net margin of 432.48%. On average, equities analysts predict that Haydale Graphene Industries plc will post -0.2 earnings per share 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.