Gelion (LON:GELN) Shares Down 0.9% – What’s Next?

Gelion plc (LON:GELN)’s stock price fell 0.9% on Tuesday . The company traded as low as GBX 20 and last traded at GBX 21.80. 744,782 shares were traded during mid-day trading, an increase of 270% from the average session volume of 201,256 shares. The stock had previously closed at GBX 22.

Gelion Stock Down 1.8%

The firm’s fifty day moving average price is GBX 20.01 and its 200-day moving average price is GBX 21.68. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.73 and a quick ratio of 22.26. The firm has a market capitalization of £47.09 million, a P/E ratio of -5.01 and a beta of -0.22.

Gelion (LON:GELN) last released its quarterly earnings results on Thursday, November 27th. The company reported GBX (4.10) EPS for the quarter. As a group, equities research analysts forecast that Gelion plc will post 4.8979592 earnings per share for the current year.

Insider Buying and Selling

In other Gelion news, insider Amit Gupta purchased 50,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was purchased at an average cost of GBX 19 per share, with a total value of £9,500. 11.92% of the stock is currently owned by company insiders.

About Gelion

Gelion (“gel: ion”) is a global energy storage innovator, supporting the transition to a more sustainable economy by commercialising globally important next generation battery technologies: Sulfur based, Lithium-Sulfur (Li-S), Sodium-Sulfur (Na-S) and Zinc-based (Zn) hybrid cells to electrify mobile and stationary applications and battery recycling technology.

Gelion plc (the Group) is listed on the London Stock Exchange’s Alternative Investment Market and wholly owns UK based OXLiD Ltd and Battery Minerals Ltd and Australia based Gelion Technologies Pty Ltd.