Hardide (LON:HDD) Hits New 52-Week Low – Here’s What Happened

Hardide plc (LON:HDDGet Free Report) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 4.41 ($0.06) and last traded at GBX 4.70 ($0.06), with a volume of 131574 shares trading hands. The stock had previously closed at GBX 4.75 ($0.06).

Hardide Price Performance

The firm’s 50 day moving average is GBX 5.62 and its two-hundred day moving average is GBX 6.53. The firm has a market cap of £3.69 million, a P/E ratio of -156.67 and a beta of 0.86. The company has a current ratio of 1.46, a quick ratio of 1.77 and a debt-to-equity ratio of 69.15.

About Hardide

(Get Free Report)

Hardide plc engages in the manufacturing and sale of advanced tungsten carbide/tungsten metal matrix composite coatings in the United Kingdom, Europe, North America, and internationally. Its products are used in various industries, including energy, oil and gas, power generation, industrial, aerospace, flow control, and precision engineering.

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