Hardide (LON:HDD) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Hardide plc (LON:HDD)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 10.22 and traded as high as GBX 16.45. Hardide shares last traded at GBX 15.89, with a volume of 277,857 shares trading hands.

Hardide Trading Down 2.2%

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 firm has a market capitalization of £12.52 million, a price-to-earnings ratio of -39.73 and a beta of 0.86. The company has a 50-day moving average price of GBX 15.13 and a 200-day moving average price of GBX 10.22.

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