Hardide plc (LON:HDD – Get Free Report) shares reached a new 52-week high on Wednesday. The company traded as high as GBX 115 and last traded at GBX 111.90, with a volume of 1,270,253 shares. The stock had previously closed at GBX 104.
Hardide Price Performance
The company’s fifty day moving average is GBX 95.85 and its two-hundred day moving average is GBX 74.20. The firm has a market capitalization of £94.58 million, a price-to-earnings ratio of 66.67 and a beta of 1.15. The company has a quick ratio of 1.77, a current ratio of 2.46 and a debt-to-equity ratio of 42.96.
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.
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