Simon Hallam Buys 10,678 Shares of Hardide (LON:HDD) Stock

Hardide plc (LON:HDD) insider Simon Hallam purchased 10,678 shares of the company’s stock in a transaction dated Tuesday, February 10th. The shares were acquired at an average price of GBX 23 per share, for a total transaction of £2,455.94.

Hardide Stock Performance

Shares of Hardide stock opened at GBX 24.39 on Friday. The company has a 50 day moving average price of GBX 17.77 and a 200 day moving average price of GBX 11.15. The firm has a market capitalization of £19.22 million, a P/E ratio of 121.94 and a beta of 0.86. The company has a quick ratio of 1.77, a current ratio of 1.46 and a debt-to-equity ratio of 69.15. Hardide plc has a 52 week low of GBX 5 and a 52 week high of GBX 25.90.

Hardide (LON:HDD) last released its earnings results on Thursday, January 22nd. The company reported GBX 0.20 earnings per share for the quarter. Hardide had a negative net margin of 30.89% and a negative return on equity of 34.98%. Sell-side analysts expect that Hardide plc will post -2.0999999 EPS for the current year.

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.