Hardide (LON:HDD) Announces Quarterly Earnings Results

Hardide (LON:HDD) released its quarterly earnings data on Wednesday. The company reported GBX (1.90) (($0.02)) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Hardide had a negative return on equity of 32.89% and a negative net margin of 30.89%.

Hardide Stock Down 4.7 %

Shares of LON:HDD opened at GBX 5.62 ($0.07) on Friday. The business has a fifty day simple moving average of GBX 5.31 and a 200 day simple moving average of GBX 5.70. Hardide has a 12-month low of GBX 4.22 ($0.05) and a 12-month high of GBX 10.70 ($0.13). The firm has a market cap of £4.41 million, a P/E ratio of -187.33 and a beta of 0.86. The company has a quick ratio of 1.77, a current ratio of 1.46 and a debt-to-equity ratio of 69.15.

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.