Insider Buying: Hardide (LON:HDD) Insider Acquires £4,935.57 in Stock

Hardide plc (LON:HDD) insider Bryan Allcock purchased 21,459 shares of the business’s stock in a transaction on Tuesday, February 10th. The stock was purchased at an average cost of GBX 23 per share, with a total value of £4,935.57.

Hardide Price Performance

Shares of LON HDD opened at GBX 24.36 on Friday. The stock’s 50-day simple moving average is GBX 17.99 and its two-hundred day simple moving average is GBX 11.26. Hardide plc has a twelve month low of GBX 5 and a twelve month high of GBX 25.90. The firm has a market capitalization of £19.20 million, a P/E ratio of 121.80 and a beta of 0.86. The company has a quick ratio of 1.77, a current ratio of 1.46 and a debt-to-equity ratio of 69.15.

Hardide (LON:HDD) last posted its quarterly earnings data on Thursday, January 22nd. The company reported GBX 0.20 earnings per share for the quarter. Hardide had a negative net margin of 30.89% and a negative return on equity of 34.98%. As a group, equities analysts anticipate 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.