Haydale Graphene Industries (LON:HAYD) Shares Cross Above Fifty Day Moving Average – Here’s Why

Haydale Graphene Industries plc (LON:HAYDGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 0.32 and traded as high as GBX 0.34. Haydale Graphene Industries shares last traded at GBX 0.33, with a volume of 793,746 shares trading hands.

Haydale Graphene Industries Stock Performance

The stock has a market capitalization of £25.27 million, a price-to-earnings ratio of -0.98 and a beta of 2.16. The stock’s 50 day moving average is GBX 0.32 and its 200 day moving average is GBX 0.41. The company has a current ratio of 2.28, a quick ratio of 1.10 and a debt-to-equity ratio of 139.37.

Haydale Graphene Industries Company Profile

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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.

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