Insider Buying: Hardide plc (LON:HDD) Insider Purchases 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 stock was acquired at an average cost of GBX 6 ($0.07) per share, with a total value of £9,550.32 ($11,881.46).

Hardide Trading Up 11.0 %

Shares of HDD stock opened at GBX 7.49 ($0.09) on Tuesday. The stock has a market cap of £5.88 million, a price-to-earnings ratio of -249.67 and a beta of 0.86. The firm’s 50 day moving average price is GBX 5.38 and its two-hundred day moving average price is GBX 5.68. The company has a quick ratio of 1.77, a current ratio of 1.46 and a debt-to-equity ratio of 69.15. Hardide plc has a fifty-two week low of GBX 4.22 ($0.05) and a fifty-two week high of GBX 10.70 ($0.13).

Hardide (LON:HDD) last posted its earnings results on Wednesday, January 29th. The company reported GBX (1.90) (($0.02)) earnings per share (EPS) for the quarter. Hardide had a negative net margin of 30.89% and a negative return on equity of 32.89%. On average, analysts anticipate 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.