Hardide (LON:HDD) Sets New 1-Year Low – Should You Sell?

Hardide plc (LON:HDDGet Free Report) hit a new 52-week low on Tuesday . The company traded as low as GBX 4.22 ($0.05) and last traded at GBX 4.46 ($0.06), with a volume of 35000 shares changing hands. The stock had previously closed at GBX 4.35 ($0.05).

Hardide Stock Down 3.1 %

The company has a debt-to-equity ratio of 69.15, a quick ratio of 1.77 and a current ratio of 1.46. The company has a market capitalization of £3.31 million, a price-to-earnings ratio of -140.50 and a beta of 0.86. The stock’s fifty day simple moving average is GBX 5.38 and its two-hundred day simple moving average is GBX 6.42.

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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