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The latest announcement is out from Hardide ( (GB:HDD) ).
Hardide plc announced that several of its directors have purchased additional ordinary shares in the company, highlighting a notable confidence in its future prospects. The transactions, conducted by CEO Matt Hamblin, Non-Executive Chair Andrew Magson, and Technical Director Yuri Zhuk, illustrate a strategic maneuver that could positively affect the company’s market perception and demonstrate executive commitment to its ongoing operations and growth.
More about Hardide
Hardide plc is a company specializing in advanced surface coating technology, particularly tungsten carbide/tungsten metal matrix coatings. Their technology is unique in offering a combination of toughness and resistance to abrasion, erosion, and corrosion, which significantly enhances the lifespan of engineering components. The company serves various sectors including energy, valve and pump manufacturing, industrial gas turbine, precision engineering, and aerospace.
YTD Price Performance: 4.89%
Average Trading Volume: 79,104
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £4.65M
For a thorough assessment of HDD stock, go to TipRanks’ Stock Analysis page.
