Hardide (LON:HDD) Insider Buys 10,678 Shares of Stock

Hardide plc (LON:HDD) insider Simon Hallam acquired 10,678 shares of the stock in a transaction that occurred on Tuesday, February 10th. The shares were bought at an average cost of GBX 23 per share, for a total transaction of £2,455.94.

Hardide Stock Up 5.2%

HDD stock traded up GBX 1.20 during midday trading on Wednesday, reaching GBX 24.20. The company had a trading volume of 241,167 shares, compared to its average volume of 309,812. The company has a 50 day moving average of GBX 17.21 and a two-hundred day moving average of GBX 10.96. The company has a market capitalization of £19.07 million, a P/E ratio of 121.00 and a beta of 0.86. Hardide plc has a 1 year low of GBX 5 and a 1 year high of GBX 25.90. The company has a current ratio of 1.46, a quick ratio of 1.77 and a debt-to-equity ratio of 69.15.

Hardide (LON:HDD) last posted its quarterly earnings results on Thursday, January 22nd. The company reported GBX 0.20 earnings per share for the quarter. Hardide had a negative net margin of 30.89% and a negative return on equity of 34.98%. On average, equities research analysts expect that Hardide plc will post -2.0999999 earnings per share for the current fiscal year.

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.