Hardide (LON:HDD) Shares Up 7.8% – Still a Buy?

Shares of Hardide plc (LON:HDDGet Free Report) were up 7.8% during trading on Tuesday . The stock traded as high as GBX 4.69 ($0.06) and last traded at GBX 4.69 ($0.06). Approximately 238,768 shares changed hands during trading, an increase of 84% from the average daily volume of 129,805 shares. The stock had previously closed at GBX 4.35 ($0.06).

Hardide Price Performance

The stock has a market capitalization of £3.81 million, a PE ratio of -166.50 and a beta of 0.86. The firm’s 50 day simple moving average is GBX 5.29 and its 200 day simple moving average is GBX 6.38. The company has a debt-to-equity ratio of 69.15, a current ratio of 1.46 and a quick ratio of 1.77.

Hardide Company Profile

(Get Free Report)

Hardide plc engages in the manufacturing and sale of advanced tungsten carbide/tungsten metal matrix composite coatings in the United Kingdom, Europe, North America, and internationally. Its products are used in various industries, including energy, oil and gas, power generation, industrial, aerospace, flow control, and precision engineering.

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