Insider Buying: Hardide plc (LON:HDD) Insider Acquires 159,172 Shares of Stock

Hardide plc (LON:HDD) insider Andrew Magson acquired 159,172 shares of the stock in a transaction dated Monday, February 3rd. The shares were bought at an average price of GBX 6 ($0.07) per share, with a total value of £9,550.32 ($11,877.03).

Hardide Stock Performance

Shares of HDD stock opened at GBX 7.42 ($0.09) on Friday. The stock has a market capitalization of £5.82 million, a PE ratio of -247.33 and a beta of 0.86. The business’s 50 day simple moving average is GBX 5.50 and its 200 day simple moving average is GBX 5.67. The company has a debt-to-equity ratio of 69.15, a current ratio of 1.46 and a quick ratio of 1.77. Hardide plc has a one year low of GBX 4.22 ($0.05) and a one year high of GBX 9.80 ($0.12).

Hardide (LON:HDD) last posted its quarterly earnings data on Wednesday, January 29th. The company reported GBX (1.90) (($0.02)) EPS for the quarter. Hardide had a negative net margin of 30.89% and a negative return on equity of 32.89%. As a group, research analysts forecast 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.