Gelion (LON:GELN) Announces Quarterly Earnings Results

by · The Markets Daily

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

Gelion Stock Down 2.0%

Shares of LON GELN opened at GBX 19.60 on Friday. The stock has a market cap of £44.97 million, a PE ratio of -6.12 and a beta of 0.47. Gelion has a 52-week low of GBX 12 and a 52-week high of GBX 28. The business has a 50-day moving average price of GBX 15.58 and a 200 day moving average price of GBX 16.99.

About Gelion

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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.

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