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

Shares of Haydale Graphene Industries plc (LON:HAYD – Get Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-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 traded.

Haydale Graphene Industries Stock Up 0.3%

The firm has a market capitalization of £25.73 million, a PE ratio of -1.00 and a beta of 2.16. The company has a fifty day simple moving average of GBX 0.32 and a two-hundred day simple moving average of GBX 0.41. The company has a debt-to-equity ratio of 139.37, a quick ratio of 1.10 and a current ratio of 2.28.

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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