Gelion (LON:GELN) Issues Quarterly Earnings Results

Gelion (LON:GELN – Get Free Report) issued its quarterly earnings data 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 Performance

Gelion stock remained flat at GBX 21 during trading hours on Thursday. 685,246 shares of the company’s stock were exchanged, compared to its average volume of 266,492. The stock has a market capitalization of £48.18 million, a PE ratio of -6.56 and a beta of 0.47. The company’s 50-day moving average price is GBX 15.57 and its 200 day moving average price is GBX 16.95. Gelion has a 52 week low of GBX 12 and a 52 week high of GBX 28.

Gelion Company Profile

(Get Free Report)

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.

Further Reading

Earnings History for Gelion (LON:GELN)

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