Hardide (LON:HDD) Sets New 1-Year High – Here’s What Happened
by Scott Moore · The Cerbat GemHardide plc (LON:HDD – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 15.60 and last traded at GBX 15.35, with a volume of 561754 shares. The stock had previously closed at GBX 14.98.
Hardide Price Performance
The company has a debt-to-equity ratio of 69.15, a current ratio of 1.46 and a quick ratio of 1.77. The stock has a market cap of £12.04 million, a price-to-earnings ratio of -38.19 and a beta of 0.86. The stock has a fifty day moving average of GBX 8.41 and a 200 day moving average of GBX 8.07.
Insider Buying and Selling
In other Hardide news, insider Andrew Magson acquired 185,185 shares of the firm’s stock in a transaction on Friday, October 24th. The stock was acquired at an average cost of GBX 8 per share, for a total transaction of £14,814.80. Insiders own 65.46% of the company’s stock.
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.