Gelion (LON:GELN – Get Free Report) issued its quarterly earnings data on Wednesday. The company reported GBX (3.10) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Gelion had a negative net margin of 592.70% and a negative return on equity of 42.23%.
Gelion Stock Down 9.5%
Shares of GELN traded down GBX 2 during trading hours on Thursday, reaching GBX 19. 694,586 shares of the company traded hands, compared to its average volume of 266,538. The company’s fifty day moving average price is GBX 15.57 and its two-hundred day moving average price is GBX 16.95. The company has a market capitalization of £43.59 million, a price-to-earnings ratio of -5.94 and a beta of 0.47. Gelion has a 12 month low of GBX 12 and a 12 month high of GBX 28.
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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