Hardide (HDD) Price Target Lowered to GBX 2 at FinnCap

Hardide (LON:HDD) had its price objective reduced by FinnCap from GBX 2.10 ($0.03) to GBX 2 ($0.03) in a research report report published on Monday, February 19th. They currently have a corporate rating on the stock.

Hardide (HDD) traded up GBX 0.07 ($0.00) on Monday, hitting GBX 1.75 ($0.02). 550,000 shares of the stock traded hands, compared to its average volume of 313,270. Hardide has a one year low of GBX 0.91 ($0.01) and a one year high of GBX 2.27 ($0.03).

Hardide (LON:HDD) last announced its quarterly earnings results on Monday, December 11th. The company reported GBX (0.10) ($0.00) earnings per share for the quarter, meeting the Zacks’ consensus estimate of GBX (0.10) ($0.00). The firm had revenue of GBX 324 million for the quarter. Hardide had a negative net margin of 23.82% and a negative return on equity of 23.23%.

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About Hardide

Hardide plc is a United Kingdom-based company, which is a provider of tungsten carbide coatings for critical metal components in abrasive, erosive, corrosive and chemically aggressive environments. The Company’s segments include UK operation, US operation and Corporate. It offers a family of nanostructured and low temperature chemical vapor deposition (CVD) coatings, which provide wear and corrosion resistance.

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