Hardide plc (LON:HDD – Get Free Report) shares traded up 10.3% on Friday. The stock traded as high as GBX 128 and last traded at GBX 125.70. Approximately 1,483,563 shares changed hands during trading, an increase of 278% from the average session volume of 392,029 shares. The stock had previously closed at GBX 113.96.
Hardide Stock Performance
The business’s 50-day moving average price is GBX 102.99 and its 200-day moving average price is GBX 64.78. The stock has a market cap of £99.10 million, a P/E ratio of 69.83 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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