Hardide (LON:HDD) Announces Earnings Results

Hardide (LON:HDD) announced its earnings results on Wednesday. The company reported GBX (1.90) (($0.02)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Hardide had a negative net margin of 30.89% and a negative return on equity of 32.89%.

Hardide Stock Down 4.7 %

HDD traded down GBX 0.28 ($0.00) during midday trading on Thursday, reaching GBX 5.62 ($0.07). The company’s stock had a trading volume of 37,352 shares, compared to its average volume of 73,303. Hardide has a 1 year low of GBX 4.22 ($0.05) and a 1 year high of GBX 10.70 ($0.13). The stock’s 50-day moving average is GBX 5.28 and its 200-day moving average is GBX 5.72. The firm has a market capitalization of £4.41 million, a price-to-earnings ratio of -187.33 and a beta of 0.86. The company has a current ratio of 1.46, a quick ratio of 1.77 and a debt-to-equity ratio of 69.15.

Hardide Company Profile

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.