Hardide (LON:HDD) Insider Matthew Hamblin Purchases 42,892 Shares of Stock

Hardide plc (LON:HDD) insider Matthew Hamblin acquired 42,892 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The shares were bought at an average cost of GBX 23 per share, for a total transaction of £9,865.16.

Hardide Stock Up 5.2%

HDD opened at GBX 24.20 on Thursday. The firm has a 50 day moving average price of GBX 17.49 and a 200 day moving average price of GBX 11.05. The company has a market cap of £19.07 million, a PE ratio of 121.00 and a beta of 0.86. Hardide plc has a 1 year low of GBX 5 and a 1 year high of GBX 25.90. The company has a debt-to-equity ratio of 69.15, a quick ratio of 1.77 and a current ratio of 1.46.

Hardide (LON:HDD) last announced 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 earnings per share 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.