Haydale Graphene Industries (LON:HAYD) Hits New 52-Week Low – Here’s Why

Haydale Graphene Industries plc (LON:HAYD)’s share price hit a new 52-week low on Monday . The stock traded as low as GBX 0.25 and last traded at GBX 0.27, with a volume of 15451843 shares changing hands. The stock had previously closed at GBX 0.26.

Haydale Graphene Industries Stock Performance

The company has a debt-to-equity ratio of 8.65, a current ratio of 1.88 and a quick ratio of 1.10. The stock has a 50-day moving average price of GBX 0.28 and a 200-day moving average price of GBX 0.32. The firm has a market capitalization of £21.69 million, a PE ratio of -0.85 and a beta of 2.28.

Haydale Graphene Industries (LON:HAYD) last issued its quarterly earnings results on Wednesday, June 24th. The company reported GBX (0.04) EPS for the quarter. Haydale Graphene Industries had a negative net margin of 432.48% and a negative return on equity of 85.45%. The business had revenue of GBX 225 million during the quarter. On average, research analysts expect that Haydale Graphene Industries plc will post -0.2 EPS for the current fiscal year.

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.