Hardide (LON:HDD) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Hardide plc (LON:HDDGet Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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 trading hands.

Hardide Stock Down 5.8 %

The company has a quick ratio of 1.77, a current ratio of 1.46 and a debt-to-equity ratio of 69.15. The stock has a market cap of £4.16 million, a price-to-earnings ratio of -176.67 and a beta of 0.86. The business’s fifty day moving average is GBX 5 and its two-hundred day moving average is GBX 5.89.

Hardide Company Profile

(Get Free Report)

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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