Hardide (LON:HDD) Sets New 12-Month High – What’s Next?

Hardide plc (LON:HDDGet Free Report)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 10.50 and last traded at GBX 10.30, with a volume of 1153630 shares traded. The stock had previously closed at GBX 10.25.

Hardide Stock Up 0.5%

The stock has a market cap of £8.12 million, a price-to-earnings ratio of -25.75 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. The firm’s 50 day moving average is GBX 7.41 and its two-hundred day moving average is GBX 7.74.

Insider Transactions at Hardide

In other Hardide news, insider Andrew Magson purchased 185,185 shares of the business’s stock in a transaction that occurred on Friday, October 24th. The shares were purchased at an average price of GBX 8 per share, for a total transaction of £14,814.80. Company insiders own 65.46% of the company’s stock.

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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