Hardide (LON:HDD) Stock Passes Below 200-Day Moving Average – What’s Next?

Shares of Hardide plc (LON:HDDGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 5.92 ($0.07) and traded as low as GBX 5.30 ($0.06). Hardide shares last traded at GBX 5.30 ($0.06), with a volume of 62,000 shares.

Hardide Price Performance

The company has a current ratio of 1.46, a quick ratio of 1.77 and a debt-to-equity ratio of 69.15. The business’s fifty day moving average is GBX 4.99 and its 200 day moving average is GBX 5.92. The company has a market cap of £4.16 million, a P/E ratio of -176.67 and a beta of 0.86.

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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