Hardide (LON:HDD) Sets New 52-Week High – What’s Next?

Hardide plc (LON:HDD)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 105.75 and last traded at GBX 94.65, with a volume of 2397246 shares trading hands. The stock had previously closed at GBX 103.

Hardide Stock Performance

The firm has a fifty day moving average price of GBX 67.16 and a 200 day moving average price of GBX 42.11. The company has a current ratio of 2.46, a quick ratio of 1.77 and a debt-to-equity ratio of 42.96. The firm has a market cap of £74.16 million, a PE ratio of 52.28 and a beta of 1.11.

Hardide (LON:HDD) last announced its quarterly earnings data on Thursday, May 21st. The company reported GBX 1.60 earnings per share (EPS) for the quarter. Hardide had a net margin of 15.60% and a return on equity of 32.49%. The firm had revenue of GBX 479 million during the quarter. As a group, equities research analysts expect that Hardide plc will post -2.0999999 earnings per share for the current fiscal year.

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. The material is proven to offer dramatic improvements in component life, particularly when applied to components that operate in very aggressive environments.