HPQ Silicon (CVE:HPQ) Trading 2.2% Higher – Still a Buy?

HPQ Silicon Inc. (CVE:HPQGet Free Report)’s stock price rose 2.2% during trading on Wednesday . The stock traded as high as C$0.23 and last traded at C$0.23. Approximately 96,994 shares were traded during mid-day trading, a decline of 51% from the average daily volume of 196,879 shares. The stock had previously closed at C$0.23.

HPQ Silicon Stock Performance

The company’s fifty day simple moving average is C$0.25 and its 200 day simple moving average is C$0.31. The company has a quick ratio of 0.71, a current ratio of 0.30 and a debt-to-equity ratio of 17.30. The stock has a market capitalization of C$86.41 million, a price-to-earnings ratio of -5.75 and a beta of 2.14.

Insider Activity at HPQ Silicon

In other HPQ Silicon news, Director Daryl Hodges sold 73,000 shares of the stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of C$0.36, for a total transaction of C$25,915.00. In the last 90 days, insiders have sold 182,000 shares of company stock worth $54,640. Insiders own 5.36% of the company’s stock.

HPQ Silicon Company Profile

(Get Free Report)

HPQ Silicon Inc, together with its subsidiaries, provides silica and silicon-based solutions in Canada. It is also developing a portfolio of silicon and silica products primarily for battery and electric vehicle manufacturers, and hydrogen applications; and carbon particles for capacitor applications.

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