Hardide plc (LON:HDD – Get Free Report)’s stock price was up 7.2% on Friday. The company traded as high as GBX 122 and last traded at GBX 120.02. Approximately 1,207,015 shares were traded during trading, an increase of 212% from the average session volume of 386,623 shares. The stock had previously closed at GBX 112.
Hardide Trading Up 7.2%
The company’s 50-day moving average price is GBX 95.85 and its 200-day moving average price is GBX 74.20. The firm has a market cap of £94.59 million, a price-to-earnings ratio of 66.68 and a beta of 1.15. The company has a quick ratio of 1.77, a current ratio of 2.46 and a debt-to-equity ratio of 42.96.
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.
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