HPQ Silicon (CVE:HPQ) Trading 5.1% Higher – Time to Buy?

HPQ Silicon Inc. (CVE:HPQ)’s share price traded up 5.1% during trading on Wednesday . The stock traded as high as C$0.22 and last traded at C$0.21. 214,859 shares were traded during trading, a decline of 37% from the average session volume of 341,395 shares. The stock had previously closed at C$0.20.

HPQ Silicon Trading Up 5.1%

The firm has a market cap of C$87.06 million, a P/E ratio of -13.47 and a beta of -0.14. The business’s 50 day moving average is C$0.19 and its 200-day moving average is C$0.18. The company has a quick ratio of 0.71, a current ratio of 0.44 and a debt-to-equity ratio of -1.07.

HPQ Silicon Company Profile

HPQ Silicon Inc, together with its subsidiaries, provides silica and silicon-based solutions in Canada. It is also developing a portfolio of silicon and silica products primarily for battery and electric vehicle manufacturers, and hydrogen applications; and carbon particles for capacitor applications. In addition, the company engages in developing the PUREVAP Quartz Reduction Reactors, a process to transform quartz into silicon metal; and the PUREVAP Nano Silicon Reactors, a process to make the nano silicon materials from silicon chunks.