Hardide (LON:HDD) Reaches New 1-Year High – Here’s Why
by Renee Jackson · The Cerbat GemShares of Hardide plc (LON:HDD – Get Free Report) reached a new 52-week high on Friday. The stock traded as high as GBX 128 and last traded at GBX 125, with a volume of 424,248 shares traded. The stock had previously closed at GBX 122.50.
Hardide Stock Up 2.0%
The stock’s fifty day moving average is GBX 99.46 and its two-hundred day moving average is GBX 61.94. The company has a current ratio of 2.46, a quick ratio of 1.77 and a debt-to-equity ratio of 42.96. The company has a market capitalization of £98.52 million, a PE ratio of 69.44 and a beta of 1.15.
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.