Gelion (LON:GELN) Issues Quarterly Earnings Results

by · The Cerbat Gem

Gelion (LON:GELN – Get Free Report) issued its earnings results on Monday. The company reported GBX (1.70) earnings per share for the quarter, Digital Look Earnings reports. Gelion had a negative return on equity of 60.14% and a negative net margin of 462.80%.

Gelion Price Performance

Gelion stock opened at GBX 18 on Tuesday. The firm has a market capitalization of £41.30 million, a P/E ratio of -4.39 and a beta of -0.22. Gelion has a one year low of GBX 9 and a one year high of GBX 30. The company has a debt-to-equity ratio of 0.27, a current ratio of 4.32 and a quick ratio of 22.26. The business has a fifty day moving average price of GBX 19.44 and a 200-day moving average price of GBX 20.76.

Insider Buying and Selling

In related news, insider Amit Gupta bought 50,000 shares of the business’s stock in a transaction on Tuesday, December 23rd. The stock was acquired at an average price of GBX 19 per share, for a total transaction of £9,500. 11.94% of the stock is currently owned by corporate insiders.

About Gelion

(Get Free Report)

Gelion (“gel: ion”) is a global energy storage innovator, supporting the transition to a more sustainable economy by commercialising globally important next generation battery technologies: Sulfur based, Lithium-Sulfur (Li-S), Sodium-Sulfur (Na-S) and Zinc-based (Zn) hybrid cells to electrify mobile and stationary applications and battery recycling technology.

Gelion plc (the Group) is listed on the London Stock Exchange’s Alternative Investment Market and wholly owns UK based OXLiD Ltd and Battery Minerals Ltd and Australia based Gelion Technologies Pty Ltd.

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