Haydale Graphene Industries (LON:HAYD) Shares Cross Below 50 Day Moving Average – Should You Sell?

Haydale Graphene Industries plc (LON:HAYD) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 0.59 and traded as low as GBX 0.49. Haydale Graphene Industries shares last traded at GBX 0.49, with a volume of 1,501,834 shares changing hands.

Haydale Graphene Industries Trading Down 4.1%

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 company has a market capitalization of £20.32 million, a price-to-earnings ratio of -1.42 and a beta of 2.09. The business has a fifty day moving average price of GBX 0.59 and a 200 day moving average price of GBX 0.59.

Haydale Graphene Industries Company Profile

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.