Hardide (LON:HDD) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s Why

Hardide plc (LON:HDDGet Free Report)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 5.99 ($0.07) and traded as low as GBX 5.25 ($0.07). Hardide shares last traded at GBX 5.25 ($0.07), with a volume of 3,600 shares changing hands.

Hardide Price Performance

The company has a market cap of £4.41 million, a PE ratio of -187.50 and a beta of 0.86. The firm has a 50 day moving average of GBX 4.91 and a two-hundred day moving average of GBX 5.98. The company has a current ratio of 1.46, a quick ratio of 1.77 and a debt-to-equity ratio of 69.15.

About Hardide

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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.

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