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

Key Points

  • Insider purchase: Amit Gupta bought 50,000 Gelion shares on December 23 at GBX 19 per share, a transaction valued at £9,500.
  • Market and financial snapshot: Gelion opened at GBX 18.64 (1‑year range GBX 9–30) with a market cap of £42.75M, a negative P/E of -4.55 after reporting a quarterly EPS loss of GBX -4.10, and 50‑/200‑day moving averages near GBX 21.7.
  • Business focus: Gelion is an AIM‑listed energy storage company commercialising next‑generation battery technologies (Lithium‑Sulfur, Sodium‑Sulfur and Zinc‑hybrid cells) and battery recycling solutions.

Gelion plc (LON:GELN - Get Free Report) insider Amit Gupta purchased 50,000 shares of Gelion stock in a transaction that occurred on Tuesday, December 23rd. The stock was acquired at an average price of GBX 19 per share, with a total value of £9,500.

Gelion Trading Up 0.8%

Shares of Gelion stock opened at GBX 18.64 on Thursday. Gelion plc has a 1 year low of GBX 9 and a 1 year high of GBX 30. The company has a debt-to-equity ratio of 0.07, a quick ratio of 22.26 and a current ratio of 4.73. The company has a market capitalization of £42.75 million, a P/E ratio of -4.55 and a beta of -0.22. The company's fifty day moving average is GBX 21.65 and its two-hundred day moving average is GBX 21.94.

Gelion (LON:GELN - Get Free Report) last announced its earnings results on Thursday, November 27th. The company reported GBX (4.10) EPS for the quarter. Analysts forecast that Gelion plc will post 4.8979592 earnings per share for the current year.

About Gelion

(Get Free Report)

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.

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