HPQ Silicon (CVE:HPQ) Stock Price Down 2.7% – Should You Sell?

Shares of HPQ Silicon Inc. (CVE:HPQ) dropped 2.7% on Friday . The company traded as low as C$0.18 and last traded at C$0.18. Approximately 112,829 shares traded hands during trading, a decline of 70% from the average daily volume of 370,320 shares. The stock had previously closed at C$0.19.

HPQ Silicon Price Performance

The company has a debt-to-equity ratio of -6.55, a quick ratio of 0.71 and a current ratio of 0.72. The firm has a market capitalization of C$74.32 million, a price-to-earnings ratio of -11.50 and a beta of -0.12. The business has a fifty day moving average of C$0.19 and a two-hundred day moving average of C$0.19.

HPQ Silicon Company Profile

HPQ Silicon Inc, together with its subsidiaries, provides silica and silicon-based solutions in Canada. It is also developing a portfolio of silicon and silica products primarily for battery and electric vehicle manufacturers, and hydrogen applications; and carbon particles for capacitor applications. In addition, the company engages in developing the PUREVAP Quartz Reduction Reactors, a process to transform quartz into silicon metal; and the PUREVAP Nano Silicon Reactors, a process to make the nano silicon materials from silicon chunks.