Haydale Graphene Industries (LON:HAYD) Shares Down 8.3% – Here’s What Happened

Haydale Graphene Industries plc (LON:HAYD)’s stock price dropped 8.3% during mid-day trading on Friday . The stock traded as low as GBX 0.11 ($0.00) and last traded at GBX 0.11 ($0.00). Approximately 68,738 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 10,851,557 shares. The stock had previously closed at GBX 0.12 ($0.00).

Haydale Graphene Industries Trading Down 8.3 %

The firm has a market cap of £4.14 million, a P/E ratio of -0.23 and a beta of 2.09. The company has a debt-to-equity ratio of 24.78, a current ratio of 2.15 and a quick ratio of 1.10. The stock has a 50 day moving average of GBX 0.12 and a 200 day moving average of GBX 0.21.

Haydale Graphene Industries (LON:HAYD) last released its quarterly earnings data on Monday, December 2nd. The company reported GBX (0.40) (($0.01)) earnings per share (EPS) for the quarter. Haydale Graphene Industries had a negative net margin of 126.76% and a negative return on equity of 96.62%. As a group, equities research analysts predict that Haydale Graphene Industries plc will post -0.2 EPS for the current year.

About Haydale Graphene Industries

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.