Hardide (LON:HDD) Reaches New 12-Month High – Time to Buy?

Hardide plc (LON:HDD – Get Free Report) hit a new 52-week high during trading on Wednesday. The stock traded as high as GBX 115 and last traded at GBX 111.90, with a volume of 1,270,253 shares traded. The stock had previously closed at GBX 104.

Hardide Price Performance

The firm has a market capitalization of £88.19 million, a P/E ratio of 62.17 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. The firm has a 50-day moving average of GBX 94.89 and a 200-day moving average of GBX 73.05.

Hardide Company Profile

(Get Free Report)

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.

Further Reading

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