Hardide (LON:HDD) Sets New 1-Year High – What’s Next?

Hardide plc (LON:HDD – Get Free Report) shares reached a new 52-week high on Thursday. The stock traded as high as GBX 111 and last traded at GBX 110.20, with a volume of 964,110 shares. The stock had previously closed at GBX 108.50.

Hardide Price Performance

The stock has a market capitalization of £87.09 million, a P/E ratio of 61.39 and a beta of 1.15. The business’s 50 day simple moving average is GBX 94.54 and its two-hundred day simple moving average is GBX 71.75. The company has a quick ratio of 1.77, a current ratio of 2.46 and a debt-to-equity ratio of 42.96.

Hardide Company Profile

(Get Free Report)

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.

Further Reading

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