HeiQ (LON:HEIQ) Trading Up 20.7% – Should You Buy?

HeiQ Plc (LON:HEIQ) was up 20.7% during mid-day trading on Friday . The company traded as high as GBX 3.99 ($0.05) and last traded at GBX 3.50 ($0.05). Approximately 976,037 shares traded hands during trading, an increase of 109% from the average daily volume of 466,991 shares. The stock had previously closed at GBX 2.90 ($0.04).

HeiQ Trading Up 19.7 %

The business has a fifty day moving average price of GBX 7.54 and a 200 day moving average price of GBX 9.64. The firm has a market cap of £5.85 million, a PE ratio of -42.86 and a beta of 0.44. The company has a current ratio of 1.24, a quick ratio of 1.91 and a debt-to-equity ratio of 66.87.

Insider Activity at HeiQ

In other HeiQ news, insider Carlo Riccardo Centonze bought 500,000 shares of the business’s stock in a transaction dated Friday, September 13th. The shares were acquired at an average cost of GBX 5 ($0.06) per share, with a total value of £25,000 ($32,459.10). Insiders own 46.11% of the company’s stock.

HeiQ Company Profile

HeiQ Plc, through its subsidiaries, operates in the antimicrobial fabrics, textiles and flooring, and life sciences businesses in Europe, North and South America, Asia, and internationally. It offers functional textile technologies to provide hygiene, comfort protection, and resource efficiency; surface coatings and polymers; patented probiotic technology for cosmetics, water treatment, and cleaning products; and functional consumer goods for personal care, healthcare, and lifestyle.