Haydale Graphene Industries (LON:HAYD) Shares Down 8.3% – Time to Sell?

Haydale Graphene Industries plc (LON:HAYD) fell 8.3% during trading on Friday . The stock traded as low as GBX 0.11 ($0.00) and last traded at GBX 0.11 ($0.00). 68,738 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 10,851,557 shares. The stock had previously closed at GBX 0.12 ($0.00).

Haydale Graphene Industries Trading Down 4.2 %

The company has a 50-day simple moving average of GBX 0.12 and a 200 day simple moving average of GBX 0.20. The company has a debt-to-equity ratio of 24.78, a quick ratio of 1.10 and a current ratio of 2.15. The company has a market capitalization of £4.32 million, a P/E ratio of -0.24 and a beta of 2.09.

Haydale Graphene Industries (LON:HAYD) last released its earnings results on Monday, December 2nd. The company reported GBX (0.40) (($0.01)) earnings per share for the quarter. Haydale Graphene Industries had a negative net margin of 126.76% and a negative return on equity of 96.62%. Sell-side analysts expect that Haydale Graphene Industries plc will post -0.2 earnings per share for the current year.

About Haydale Graphene Industries

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.