Hardide (LON:HDD) Shares Cross Below 200-Day Moving Average – Here’s What Happened

Hardide plc (LON:HDDGet Free Report)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 7.40 ($0.10) and traded as low as GBX 7 ($0.09). Hardide shares last traded at GBX 7.74 ($0.10), with a volume of 108,180 shares changing hands.

Hardide Stock Up 3.3%

The firm’s 50-day moving average price is GBX 7.62 and its 200 day moving average price is GBX 7.40. The firm has a market capitalization of £6.11 million, a price-to-earnings ratio of -1,937.50 and a beta of 0.86. The company has a debt-to-equity ratio of 69.15, a current ratio of 1.46 and a quick ratio of 1.77.

About Hardide

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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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