Insider Buying: Hardide plc (LON:HDD) Insider Buys 32,601 Shares of Stock

Hardide plc (LON:HDD) insider Matthew Hamblin acquired 32,601 shares of the stock in a transaction that occurred on Tuesday, May 27th. The stock was acquired at an average price of GBX 8 ($0.11) per share, with a total value of £2,608.08 ($3,524.43).

Hardide Price Performance

LON:HDD opened at GBX 7.82 ($0.11) on Wednesday. The stock’s fifty day moving average is GBX 6.32 and its two-hundred day moving average is GBX 5.89. 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 company has a market capitalization of £6.16 million, a P/E ratio of -3.27 and a beta of 0.86. Hardide plc has a 52 week low of GBX 4.22 ($0.06) and a 52 week high of GBX 8 ($0.11).

Hardide (LON:HDD) last posted its earnings results on Tuesday, May 20th. The company reported GBX (0.10) ($0.00) EPS for the quarter. Hardide had a negative net margin of 30.89% and a negative return on equity of 34.98%. Equities analysts expect that Hardide plc will post -2.0999999 EPS 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.