Shares of Hardide plc (LON:HDD – Get Free Report) rose 10.3% on Friday. The stock traded as high as GBX 128 and last traded at GBX 125.70. Approximately 1,483,563 shares changed hands during mid-day trading, an increase of 278% from the average session volume of 392,029 shares. The stock had previously closed at GBX 113.96.
Hardide Trading Up 10.3%
The company has a quick ratio of 1.77, a current ratio of 2.46 and a debt-to-equity ratio of 42.96. The stock’s fifty day moving average price is GBX 102.99 and its two-hundred day moving average price is GBX 64.78. The company has a market capitalization of £99.10 million, a PE ratio of 69.83 and a beta of 1.15.
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.
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