Hardide (LON:HDD) Insider Matthew Hamblin Acquires 42,892 Shares

Hardide plc (LON:HDD) insider Matthew Hamblin bought 42,892 shares of the business’s stock in a transaction dated Tuesday, February 10th. The stock was acquired at an average cost of GBX 23 per share, for a total transaction of £9,865.16.

Hardide Stock Performance

Shares of LON:HDD traded up GBX 1.20 on Wednesday, reaching GBX 24.20. The company’s stock had a trading volume of 241,167 shares, compared to its average volume of 309,812. Hardide plc has a 52-week low of GBX 5 and a 52-week high of GBX 25.90. The stock has a market capitalization of £19.07 million, a P/E ratio of 121.00 and a beta of 0.86. The stock’s 50-day moving average is GBX 17.21 and its two-hundred day moving average is GBX 10.96. The company has a debt-to-equity ratio of 69.15, a current ratio of 1.46 and a quick ratio of 1.77.

Hardide (LON:HDD) last released its earnings results on Thursday, January 22nd. The company reported GBX 0.20 earnings per share (EPS) for the quarter. Hardide had a negative return on equity of 34.98% and a negative net margin of 30.89%. As a group, sell-side analysts forecast that Hardide plc will post -2.0999999 EPS for the current year.

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.