Haydale Graphene Industries (LON:HAYD) Share Price Passes Above 50-Day Moving Average – Here’s Why

Haydale Graphene Industries plc (LON:HAYDGet Free Report)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 0.61 and traded as high as GBX 0.70. Haydale Graphene Industries shares last traded at GBX 0.65, with a volume of 6,083,449 shares.

Haydale Graphene Industries Stock Performance

The company has a quick ratio of 1.10, a current ratio of 2.15 and a debt-to-equity ratio of 24.78. The stock has a fifty day moving average price of GBX 0.61 and a two-hundred day moving average price of GBX 0.57. The company has a market capitalization of £26.24 million, a price-to-earnings ratio of -1.84 and a beta of 2.09.

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.

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