Gelion plc (LON:GELN – Get Free Report) shares traded up 26% during mid-day trading on Monday. The company traded as high as GBX 18 and last traded at GBX 16.70. 1,039,907 shares traded hands during mid-day trading, an increase of 303% from the average session volume of 258,219 shares. The stock had previously closed at GBX 13.25.
Gelion Stock Up 26.0%
The stock has a 50 day moving average price of GBX 15.59 and a 200 day moving average price of GBX 16.83. The stock has a market capitalization of £38.31 million, a price-to-earnings ratio of -5.22 and a beta of 0.47.
Gelion Company Profile
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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