Gelion plc (LON:GELN – Get Free Report) fell 3.9% during trading on Wednesday . The stock traded as low as GBX 17.25 and last traded at GBX 17.30. 517,886 shares were traded during mid-day trading, an increase of 78% from the average session volume of 291,355 shares. The stock had previously closed at GBX 18.
Gelion Stock Down 1.7%
The company has a market cap of £39.46 million, a P/E ratio of -5.37 and a beta of 0.47. The business has a 50-day moving average price of GBX 17.94 and a two-hundred day moving average price of GBX 18.01.
Gelion Company Profile
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.
Featured Articles
- Five stocks we like better than Gelion
- Rocket Lab’s NASA Win Tests Key Support After Sharp Pullback
- AST SpaceMobile Just Nailed a Major Launch—So Why Is the Stock Crashing?
- Palantir’s Valuation Problem Just Met 2 New Growth Catalysts
- Xcel Energy Stock Offers Stability as Electricity Demand Builds
Receive News & Ratings for Gelion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gelion and related companies with MarketBeat.com's FREE daily email newsletter.
