Haydale Graphene Industries (LON:HAYD) Shares Down 10.4% – Here’s Why

Haydale Graphene Industries plc (LON:HAYD – Get Free Report) fell 10.4% on Tuesday. The company traded as low as GBX 0.20 and last traded at GBX 0.25. 41,853,152 shares were traded during trading, an increase of 377% from the average session volume of 8,774,731 shares. The stock had previously closed at GBX 0.28.

Haydale Graphene Industries Stock Down 10.4%

The stock has a 50-day moving average of GBX 0.31 and a two-hundred day moving average of GBX 0.31. The company has a market cap of £19.44 million, a P/E ratio of -0.76 and a beta of 2.24. The company has a debt-to-equity ratio of 8.65, a quick ratio of 1.10 and a current ratio of 1.88.

About Haydale Graphene Industries

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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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