Haydale Graphene Industries PLC (HAYD) Reaches New 52-Week Low on Disappointing Earnings

Shares of Haydale Graphene Industries PLC (LON:HAYD) hit a new 52-week low on Tuesday after the company announced weaker than expected quarterly earnings. The company traded as low as GBX 125.50 ($1.65) and last traded at GBX 125.50 ($1.65), with a volume of 2,505 shares trading hands. The stock had previously closed at GBX 176 ($2.31).

The company reported GBX (28) (($0.37)) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of GBX (24.60) (($0.32)) by GBX (3.40) (($0.04)). Haydale Graphene Industries PLC had a negative return on equity of 66.18% and a negative net margin of 217.27%. The business had revenue of GBX 300 million for the quarter.

The company has a 50-day moving average of GBX 174.80 and a 200 day moving average of GBX 179.05. The firm’s market cap is GBX 20.18 million.

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The company reported GBX (28) (($0.37)) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of GBX (24.60) (($0.32)) by GBX (3.40) (($0.04)). Haydale Graphene Industries PLC had a negative return on equity of 66.18% and a negative net margin of 217.27%. The business had revenue of GBX 300 million for the quarter.

The company has a 50-day moving average of GBX 174.80 and a 200 day moving average of GBX 179.05. The firm’s market cap is GBX 20.18 million.

COPYRIGHT VIOLATION NOTICE: This piece of content was originally reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of United States & international copyright legislation. The legal version of this piece of content can be read at https://ledgergazette.com/2017/10/11/haydale-graphene-industries-plc-hayd-reaches-new-52-week-low-on-disappointing-earnings.html.

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