Gelion (LON:GELN – Get Free Report) announced its earnings results on Wednesday. The company reported GBX (3.10) earnings per share for the quarter, Digital Look Earnings reports. Gelion had a negative net margin of 592.70% and a negative return on equity of 42.23%.
Gelion Stock Performance
LON GELN traded up GBX 5 on Wednesday, reaching GBX 21. The company had a trading volume of 870,822 shares, compared to its average volume of 263,472. The firm has a market capitalization of £48.18 million, a price-to-earnings ratio of -6.56 and a beta of 0.47. The company’s fifty day moving average is GBX 15.52 and its 200-day moving average is GBX 16.89. Gelion has a 1-year low of GBX 12 and a 1-year high of GBX 28.
About Gelion
Gelion is a global energy storage company advancing the transition to a clean, electrified future.
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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