Gelion plc (LON:GELN – Get Free Report)’s stock price was down 14.7% during trading on Thursday . The company traded as low as GBX 14.40 and last traded at GBX 14.50. 1,618,314 shares changed hands during trading, an increase of 548% from the average session volume of 249,823 shares. The stock had previously closed at GBX 17.
Gelion Price Performance
The firm has a market cap of £33.27 million, a price-to-earnings ratio of -4.53 and a beta of 0.47. The firm has a fifty day simple moving average of GBX 18.22 and a two-hundred day simple moving average of GBX 17.47.
About Gelion
Gelion develops and commercialises next-generation battery technologies for electric mobility, e-aviation, and grid and stationary storage – built for high performance, safety, and cost effectiveness.
At the heart of its technology is Nano-Encapsulated Sulfur (NES™), a proprietary cathode active material. NES™ uses nanoconfinement to unlock the potential of lithium-sulfur and room-temperature sodium-sulfur batteries, targeting high energy density and strong power capability, while overcoming the limitations that have historically held sulfur-based batteries back.
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