Gelion (LON:GELN – Get Free Report) issued its quarterly earnings results on Wednesday. The company reported GBX (3.10) earnings per share for the quarter, Digital Look Earnings reports. Gelion had a negative return on equity of 42.23% and a negative net margin of 592.70%.
Gelion Stock Down 7.5%
Shares of LON:GELN traded down GBX 1.50 during midday trading on Friday, reaching GBX 18.50. The company’s stock had a trading volume of 1,122,272 shares, compared to its average volume of 272,652. The firm has a 50 day moving average of GBX 15.58 and a 200-day moving average of GBX 16.99. The firm has a market capitalization of £42.44 million, a P/E ratio of -5.78 and a beta of 0.47. Gelion has a 12-month low of GBX 12 and a 12-month high of GBX 28.
About Gelion
Gelion is a global energy storage company advancing the transition to a clean, electrified future.
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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