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Gelion PLC ( (GB:GELN) ) has shared an update.
Gelion has appointed world-renowned battery scientist Professor Rachid Yazami as a Technology Advisor to support its push into sulfur battery innovation, particularly the development of a sulfur cathode designed as a drop-in alternative to standard lithium-ion cathode materials in LFP and NMC cells. The appointment brings to Gelion the expertise of the pioneer behind the lithium-graphite anode now standard in commercial lithium-ion batteries, reinforcing its plans to pair its sulfur cathodes with conventional graphitic anodes and strengthening its technological leadership in the emerging Li-S segment, which is touted for cost-effective, high-energy-density and safe energy storage and could enhance the company’s position in the rapidly evolving energy storage market.
The most recent analyst rating on (GB:GELN) stock is a Hold with a £21.50 price target. To see the full list of analyst forecasts on Gelion PLC stock, see the GB:GELN Stock Forecast page.
Spark’s Take on GB:GELN Stock
According to Spark, TipRanks’ AI Analyst, GB:GELN is a Neutral.
The score is held down primarily by weak financial performance (persistent losses and cash burn) and bearish technicals (below key moving averages with negative momentum). The earnings call provides a partial offset via improved cost discipline, first revenue, a growing pipeline, and strengthened funding, but valuation remains constrained by losses and no dividend.
To see Spark’s full report on GB:GELN stock, click here.
More about Gelion PLC
Gelion plc is a London-listed global energy storage innovator focused on commercialising next-generation battery technologies, including sulfur-based Lithium-Sulfur, Sodium-Sulfur and zinc-based hybrid cells for both mobile and stationary applications. Operating through subsidiaries in the UK and Australia, the company aims to support the transition to a more sustainable economy by delivering advanced battery solutions and generating value for customers and investors.
Average Trading Volume: 252,511
Technical Sentiment Signal: Buy
Current Market Cap: £50.47M
For an in-depth examination of GELN stock, go to TipRanks’ Overview page.