Haydale Graphene Industries (LON:HAYD) Shares Up 19.1% – Should You Buy?

Haydale Graphene Industries plc (LON:HAYD) shares traded up 19.1% during mid-day trading on Thursday . The company traded as high as GBX 0.14 ($0.00) and last traded at GBX 0.13 ($0.00). 59,108,410 shares traded hands during mid-day trading, an increase of 442% from the average session volume of 10,903,936 shares. The stock had previously closed at GBX 0.11 ($0.00).

Haydale Graphene Industries Price Performance

The business has a 50-day simple moving average of GBX 0.11 and a 200 day simple moving average of GBX 0.17. The stock has a market cap of £4.70 million, a P/E ratio of -0.26 and a beta of 2.09. The company has a current ratio of 2.15, a quick ratio of 1.10 and a debt-to-equity ratio of 24.78.

Haydale Graphene Industries (LON:HAYD) last announced its earnings results on Thursday, March 13th. The company reported GBX (0.12) ($0.00) EPS for the quarter. Haydale Graphene Industries had a negative net margin of 126.76% and a negative return on equity of 96.62%. On average, analysts forecast that Haydale Graphene Industries plc will post -0.2 earnings per share for the current year.

Haydale Graphene Industries Company Profile

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.