Insider Buying: Hardide (LON:HDD) Insider Buys £9,865.16 in Stock

Hardide plc (LON:HDD) insider Matthew Hamblin purchased 42,892 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The shares were acquired at an average cost of GBX 23 per share, with a total value of £9,865.16.

Hardide Trading Up 1.5%

Shares of HDD opened at GBX 24.36 on Friday. The company has a debt-to-equity ratio of 69.15, a quick ratio of 1.77 and a current ratio of 1.46. The company has a market cap of £19.20 million, a price-to-earnings ratio of 121.80 and a beta of 0.86. The stock has a fifty day moving average price of GBX 17.99 and a two-hundred day moving average price of GBX 11.26. Hardide plc has a 52-week low of GBX 5 and a 52-week high of GBX 25.90.

Hardide (LON:HDD) last announced its earnings results on Thursday, January 22nd. The company reported GBX 0.20 earnings per share for the quarter. Hardide had a negative return on equity of 34.98% and a negative net margin of 30.89%. Analysts predict that Hardide plc will post -2.0999999 EPS 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.