Haydale Graphene Industries (LON:HAYD) Shares Down 10.4% – What’s Next?

Haydale Graphene Industries plc (LON:HAYD)’s stock price traded down 10.4% during mid-day trading on Tuesday. The company traded as low as GBX 0.20 and last traded at GBX 0.25. 41,853,152 shares changed hands during mid-day trading, an increase of 377% from the average session volume of 8,774,731 shares. The stock had previously closed at GBX 0.28.

Haydale Graphene Industries Trading Up 2.1%

The firm has a 50-day moving average of GBX 0.31 and a 200 day moving average of GBX 0.31. The company has a market cap of £19.28 million, a P/E ratio of -0.75 and a beta of 2.24. The company has a current ratio of 1.88, a quick ratio of 1.10 and a debt-to-equity ratio of 8.65.

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.