Hardide (LON:HDD) Sets New 52-Week High – Time to Buy?

Hardide plc (LON:HDD – Get Free Report) shares hit a new 52-week high during trading on Thursday. The stock traded as high as GBX 143 and last traded at GBX 136.25, with a volume of 1,003,230 shares trading hands. The stock had previously closed at GBX 135.

Hardide Trading Up 0.9%

The firm has a market cap of £107.38 million, a P/E ratio of 75.69 and a beta of 1.15. The stock has a fifty day simple moving average of GBX 102.15 and a 200 day simple moving average of GBX 64.18. The company has a debt-to-equity ratio of 42.96, a quick ratio of 1.77 and a current ratio of 2.46.

About Hardide

(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.

See Also

Receive News & Ratings for Hardide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hardide and related companies with MarketBeat.com's FREE daily email newsletter.