Hardide plc (LON:HDD – Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday. The stock traded as high as GBX 115 and last traded at GBX 111.90, with a volume of 1,270,253 shares changing hands. The stock had previously closed at GBX 104.
Hardide Stock Up 7.6%
The stock’s fifty day moving average is GBX 94.89 and its two-hundred day moving average is GBX 73.05. The company has a market cap of £88.19 million, a price-to-earnings ratio of 62.17 and a beta of 1.15. The company has a debt-to-equity ratio of 42.96, a quick ratio of 1.77 and a current ratio of 2.46.
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.
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