Amit Gupta Acquires 50,000 Shares of Gelion (LON:GELN) Stock

Gelion plc (LON:GELN) insider Amit Gupta acquired 50,000 shares of the firm’s stock in a transaction on Tuesday, December 23rd. The shares were bought at an average cost of GBX 19 per share, with a total value of £9,500.

Gelion Stock Performance

Shares of Gelion stock opened at GBX 18.64 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 22.26 and a current ratio of 4.73. Gelion plc has a 1 year low of GBX 9 and a 1 year high of GBX 30. The firm’s 50-day simple moving average is GBX 21.56 and its 200-day simple moving average is GBX 21.92. The firm has a market cap of £42.75 million, a PE ratio of -4.55 and a beta of -0.22.

Gelion (LON:GELN) last announced its quarterly earnings data on Thursday, November 27th. The company reported GBX (4.10) earnings per share for the quarter. Equities analysts forecast that Gelion plc will post 4.8979592 earnings per share for the current fiscal year.

About Gelion

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.