Hardide (LON:HDD) Stock Price Up 19.6% – What’s Next?

Hardide plc (LON:HDDGet Free Report) shares rose 19.6% on Wednesday . The company traded as high as GBX 9 ($0.12) and last traded at GBX 8.85 ($0.12). Approximately 105,130 shares traded hands during trading, a decline of 0% from the average daily volume of 105,631 shares. The stock had previously closed at GBX 7.40 ($0.10).

Hardide Price Performance

The company has a market cap of £6.46 million, a PE ratio of -20.50 and a beta of 0.86. The firm’s 50-day moving average is GBX 7.59 and its 200-day moving average is GBX 7.45. The company has a quick ratio of 1.77, a current ratio of 1.46 and a debt-to-equity ratio of 69.15.

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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