Hardide (LON:HDD) Sets New 12-Month High – What’s Next?

Hardide plc (LON:HDD – Get Free Report) hit a new 52-week high on Friday. The company traded as high as GBX 128 and last traded at GBX 125, with a volume of 424,248 shares. The stock had previously closed at GBX 122.50.

Hardide Stock Up 2.0%

The company has a debt-to-equity ratio of 42.96, a current ratio of 2.46 and a quick ratio of 1.77. The company has a market cap of £98.52 million, a PE ratio of 69.44 and a beta of 1.15. The company has a fifty day moving average price of GBX 99.46 and a 200 day moving average price of GBX 61.94.

About Hardide

(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.

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