Hardide plc (LON:HDD – Get Free Report) shares were up 7.2% on Friday. The company traded as high as GBX 122 and last traded at GBX 120.02. 1,207,015 shares were traded during mid-day trading, an increase of 212% from the average session volume of 386,623 shares. The stock had previously closed at GBX 112.
Hardide Trading Up 7.2%
The company has a current ratio of 2.46, a quick ratio of 1.77 and a debt-to-equity ratio of 42.96. The company has a fifty day moving average price of GBX 95.85 and a two-hundred day moving average price of GBX 74.20. The firm has a market capitalization of £94.59 million, a price-to-earnings ratio of 66.68 and a beta of 1.15.
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. 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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