Hardide (LON:HDD) Trading 30.5% Higher – Still a Buy?

Hardide plc (LON:HDDGet Free Report) shares were up 30.5% on Wednesday . The company traded as high as GBX 6.50 ($0.08) and last traded at GBX 6.20 ($0.08). Approximately 329,967 shares traded hands during trading, an increase of 163% from the average daily volume of 125,343 shares. The stock had previously closed at GBX 4.75 ($0.06).

Hardide Price Performance

The stock has a market capitalization of £4.41 million, a P/E ratio of -187.50 and a beta of 0.86. The company has a debt-to-equity ratio of 69.15, a quick ratio of 1.77 and a current ratio of 1.46. The firm has a fifty day moving average price of GBX 4.94 and a two-hundred day moving average price of GBX 6.15.

About Hardide

(Get Free Report)

Hardide plc develops, manufactures and applies advanced technology tungsten-carbide coatings to a wide range of engineering components. Its patented technology is unique in combining, in one material, a mix of toughness and resistance to abrasion, erosion and corrosion; together with the ability to coat accurately interior surfaces and complex geometries.

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