Haydale Graphene Industries (LON:HAYD) Stock Passes Below 200-Day Moving Average – What’s Next?

Haydale Graphene Industries plc (LON:HAYD)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 0.52 and traded as low as GBX 0.29. Haydale Graphene Industries shares last traded at GBX 0.29, with a volume of 52,093,688 shares changing hands.

Haydale Graphene Industries Stock Performance

The firm has a fifty day simple moving average of GBX 0.41 and a 200-day simple moving average of GBX 0.52. The company has a current ratio of 2.28, a quick ratio of 1.10 and a debt-to-equity ratio of 139.37. The stock has a market cap of £22.70 million, a price-to-earnings ratio of -0.88 and a beta of 2.05.

Haydale Graphene Industries (LON:HAYD) last released its earnings results on Tuesday, February 17th. The company reported GBX (0.08) EPS for the quarter. Haydale Graphene Industries had a negative net margin of 1,236.23% and a negative return on equity of 222.53%. Analysts forecast 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.