Shares of Hardide plc (LON:HDD – Get Free Report) hit a new 52-week high during mid-day trading on Thursday. The stock traded as high as GBX 143 and last traded at GBX 136.25, with a volume of 1,003,230 shares traded. The stock had previously closed at GBX 135.
Hardide Trading Up 10.3%
The business has a fifty day moving average price of GBX 103.66 and a 200-day moving average price of GBX 65.32. 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 company has a market cap of £99.10 million, a P/E ratio of 69.83 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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