Gelion plc (LON:GELN) Insider Joycelyn Cheryl Morton Purchases 16,000 Shares

Gelion plc (LON:GELNGet Rating) insider Joycelyn Cheryl Morton bought 16,000 shares of the company’s stock in a transaction on Wednesday, November 23rd. The stock was bought at an average price of GBX 55 ($0.65) per share, with a total value of £8,800 ($10,405.58).

Gelion Stock Performance

Shares of LON:GELN opened at GBX 55 ($0.65) on Friday. The company has a debt-to-equity ratio of 0.28, a current ratio of 22.48 and a quick ratio of 22.26. The firm has a market capitalization of £59.49 million and a price-to-earnings ratio of -7.86. Gelion plc has a 52-week low of GBX 54 ($0.64) and a 52-week high of GBX 312 ($3.69).

Gelion Company Profile

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Gelion plc engages in the research and development, design, manufacture, and sale of battery systems in the United Kingdom and internationally. The company offers zinc-bromide batteries under the Endure name. Its products are used in various applications, which include industrial light towers, solar and wind farms, desalination plants, mining pumps, passenger and heavy vehicles, electric buses and trains, and irrigation systems and other agricultural applications, as well as used by commercial and industrial enterprises and grid operators.

Further Reading

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