HPQ Silicon (CVE:HPQ) Shares Down 8.1% – What’s Next?

HPQ Silicon Inc. (CVE:HPQ) shares traded down 8.1% during trading on Friday . The company traded as low as C$0.29 and last traded at C$0.29. 151,720 shares traded hands during mid-day trading, a decline of 21% from the average session volume of 193,160 shares. The stock had previously closed at C$0.31.

HPQ Silicon Stock Performance

The company has a debt-to-equity ratio of 17.30, a current ratio of 0.30 and a quick ratio of 0.71. The business has a 50-day simple moving average of C$0.35 and a 200 day simple moving average of C$0.30. The firm has a market cap of C$107.07 million, a PE ratio of -7.13 and a beta of 2.14.

Insider Buying and Selling

In related news, Director Daryl Hodges sold 73,000 shares of the stock in a transaction dated Wednesday, October 9th. The stock was sold at an average price of C$0.36, for a total transaction of C$25,915.00. Over the last 90 days, insiders sold 196,500 shares of company stock worth $71,760. 5.36% of the stock is owned by corporate insiders.

HPQ Silicon Company Profile

HPQ Silicon Inc, together with its subsidiaries, provides silica and silicon-based solutions in Canada. It is also developing a portfolio of silicon and silica products primarily for battery and electric vehicle manufacturers, and hydrogen applications; and carbon particles for capacitor applications.