Gelion (LON:GELN) Issues Quarterly Earnings Results

Gelion (LON:GELN) released its quarterly earnings data on Wednesday. The company reported GBX (3.10) earnings per share for the quarter, Digital Look Earnings reports. Gelion had a negative net margin of 592.70% and a negative return on equity of 42.23%.

Gelion Stock Performance

Shares of Gelion stock traded up GBX 1 during trading on Wednesday, hitting GBX 17. 266,473 shares of the stock traded hands, compared to its average volume of 260,480. The stock has a market cap of £39.00 million, a P/E ratio of -5.31 and a beta of 0.47. Gelion has a twelve month low of GBX 12 and a twelve month high of GBX 28. The company has a fifty day moving average price of GBX 15.52 and a two-hundred day moving average price of GBX 16.89.

About Gelion

Gelion is a global energy storage company advancing the transition to a clean, electrified future.

Gelion develops and commercialises next-generation battery technologies for electric mobility, e-aviation, and grid and stationary storage – built for high performance, safety, and cost effectiveness.

At the heart of its technology is Nano-Encapsulated Sulfur (NES™), a proprietary cathode active material. NES™ uses nanoconfinement to unlock the potential of lithium-sulfur and room-temperature sodium-sulfur batteries, targeting high energy density and strong power capability, while overcoming the limitations that have historically held sulfur-based batteries back.