Hardide plc (LON:HDD – Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 22.59 and traded as high as GBX 40.95. Hardide shares last traded at GBX 37.55, with a volume of 168,389 shares changing hands.
Hardide Trading Up 1.5%
The firm’s 50-day moving average is GBX 34.23 and its 200-day moving average is GBX 22.59. The company has a current ratio of 1.65, a quick ratio of 1.77 and a debt-to-equity ratio of 105.54. The firm has a market cap of £29.59 million, a price-to-earnings ratio of 187.75 and a beta of 0.97.
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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