Haydale Graphene Industries (LON:HAYD) Shares Break Above 50 Day Moving Average – What’s Next?

Haydale Graphene Industries plc (LON:HAYD – Get Free Report)’s share price crossed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of GBX 0.30 and traded as high as GBX 0.34. Haydale Graphene Industries shares last traded at GBX 0.33, with a volume of 1,552,782 shares trading hands.

Haydale Graphene Industries Stock Performance

The stock has a market capitalization of £25.11 million, a PE ratio of -0.98 and a beta of 2.29. The company has a quick ratio of 1.10, a current ratio of 1.88 and a debt-to-equity ratio of 8.65. The firm has a 50 day moving average price of GBX 0.30 and a 200-day moving average price of GBX 0.31.

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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