Shares of Hardide plc (LON:HDD – Get Free Report) shot up 8% during mid-day trading on Tuesday . The stock traded as high as GBX 6.90 ($0.09) and last traded at GBX 6.75 ($0.08). 322,200 shares traded hands during trading, an increase of 162% from the average session volume of 123,166 shares. The stock had previously closed at GBX 6.25 ($0.08).
Hardide Stock Performance
The company has a debt-to-equity ratio of 71.04, a quick ratio of 1.77 and a current ratio of 1.50. The company has a market capitalization of £5.30 million, a PE ratio of -330.60 and a beta of 0.74. The company has a 50 day moving average price of GBX 5.66 and a 200 day moving average price of GBX 8.93.
Hardide Company Profile
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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