Shares of Hardide plc (LON:HDD – Get Free Report) reached a new 52-week high on Thursday. The stock traded as high as GBX 111 and last traded at GBX 110.20, with a volume of 964,110 shares trading hands. The stock had previously closed at GBX 108.50.
Hardide Trading Up 1.6%
The business’s 50-day moving average price is GBX 94.14 and its 200-day moving average price is GBX 70.94. The firm has a market capitalization of £86.85 million, a PE ratio of 61.22 and a beta of 1.15. The company has a debt-to-equity ratio of 42.96, a current ratio of 2.46 and a quick ratio of 1.77.
About Hardide
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. The material is proven to offer dramatic improvements in component life, particularly when applied to components that operate in very aggressive environments.
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