Hardide (LON:HDD) Issues Earnings Results

Hardide (LON:HDD) announced its earnings results on Thursday. The company reported GBX 0.20 earnings per share for the quarter, Digital Look Earnings reports. Hardide had a negative return on equity of 34.98% and a negative net margin of 30.89%.

Hardide Price Performance

HDD stock opened at GBX 16.76 on Friday. The firm has a 50 day simple moving average of GBX 14.17 and a two-hundred day simple moving average of GBX 9.94. The stock has a market cap of £13.21 million, a PE ratio of -41.89 and a beta of 0.86. Hardide has a one year low of GBX 5 and a one year high of GBX 20. The company has a debt-to-equity ratio of 69.15, a current ratio of 1.46 and a quick ratio of 1.77.

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.