Insider Buying: Gelion plc (LON:GELN) Insider Acquires 216,668 Shares of Stock

Gelion plc (LON:GELN) insider Graham Cooley purchased 216,668 shares of the firm’s stock in a transaction that occurred on Monday, May 19th. The shares were acquired at an average price of GBX 1,398 ($18.67) per share, for a total transaction of £3,029,018.64 ($4,045,704.07).

Gelion Price Performance

LON GELN opened at GBX 15 ($0.20) on Tuesday. The firm has a market cap of £19.02 million, a PE ratio of -2.30 and a beta of -0.22. Gelion plc has a one year low of GBX 9 ($0.12) and a one year high of GBX 30 ($0.40). The stock’s 50 day simple moving average is GBX 11 and its 200 day simple moving average is GBX 14.20. The company has a debt-to-equity ratio of 0.07, a current ratio of 4.73 and a quick ratio of 22.26.

Gelion (LON:GELN) last announced its quarterly earnings data on Wednesday, March 19th. The company reported GBX (2.60) (($0.03)) EPS for the quarter. As a group, sell-side analysts forecast that Gelion plc will post 4.8979592 earnings per share for the current fiscal year.

About Gelion

Gelion (“gel: ion”) is a global -energy storage innovator, supporting the transition to a more sustainable economy by commercialising two globally important next generation technologies: Lithium-Sulfur (LiS) and Zinc-based (Zn) hybrid cells to electrify mobile and stationary applications. Gelion plc (the Group) is listed on the London Stock Exchange’s Alternative Investment Market and wholly owns Australia based Gelion Technologies Pty Ltd.