Haydale Graphene Industries (LON:HAYD) Stock Price Up 15.7% – Still a Buy?

Shares of Haydale Graphene Industries plc (LON:HAYDGet Free Report) were up 15.7% during mid-day trading on Thursday . The company traded as high as GBX 0.13 ($0.00) and last traded at GBX 0.13 ($0.00). Approximately 340,287,500 shares changed hands during mid-day trading, an increase of 6,600% from the average daily volume of 5,078,895 shares. The stock had previously closed at GBX 0.12 ($0.00).

Haydale Graphene Industries Stock Performance

The company has a debt-to-equity ratio of 33.24, a current ratio of 3.16 and a quick ratio of 1.10. The firm’s 50 day moving average price is GBX 0.22 and its 200 day moving average price is GBX 0.31. The stock has a market capitalization of £2.16 million, a P/E ratio of -11.00 and a beta of 2.09.

About Haydale Graphene Industries

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Haydale Graphene Industries plc, through its subsidiaries, produces, sells, and functionalizes graphene and other nanomaterials in the United Kingdom, Europe, the United States, China, Thailand, South Korea, Japan, and internationally. It offers inks and coatings, resins, and fluids and masterbatches for use in composites and polymers; masterbatch and pre-preg composites, elastomers, and other nanomaterials; ceramycGuard, and advanced consulting services.

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