Hardide (LON:HDD) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Hardide plc (LON:HDD) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 10.22 and traded as high as GBX 16.45. Hardide shares last traded at GBX 15.89, with a volume of 277,857 shares traded.

Hardide Trading Down 2.2%

The company has a current ratio of 1.46, a quick ratio of 1.77 and a debt-to-equity ratio of 69.15. The business has a 50 day moving average price of GBX 15.13 and a 200-day moving average price of GBX 10.23. The firm has a market capitalization of £12.52 million, a PE ratio of -39.73 and a beta of 0.86.

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