Hardide (LON:HDD) Insider Matthew Hamblin Buys 42,892 Shares

Hardide plc (LON:HDD) insider Matthew Hamblin acquired 42,892 shares of the business’s stock in a transaction that occurred on Tuesday, February 10th. The stock was purchased at an average price of GBX 23 per share, for a total transaction of £9,865.16.

Hardide Trading Up 5.2%

Hardide stock traded up GBX 1.20 during midday trading on Wednesday, reaching GBX 24.20. 241,167 shares of the stock traded hands, compared to its average volume of 309,812. The firm has a market cap of £19.07 million, a PE ratio of 121.00 and a beta of 0.86. Hardide plc has a 12-month low of GBX 5 and a 12-month high of GBX 25.90. The company has a current ratio of 1.46, a quick ratio of 1.77 and a debt-to-equity ratio of 69.15. The company has a 50-day simple moving average of GBX 17.21 and a two-hundred day simple moving average of GBX 10.96.

Hardide (LON:HDD) last released its earnings results on Thursday, January 22nd. The company reported GBX 0.20 earnings per share (EPS) for the quarter. Hardide had a negative return on equity of 34.98% and a negative net margin of 30.89%. Research analysts expect that Hardide plc will post -2.0999999 earnings per share for the current fiscal year.

About Hardide

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.