HPQ Silicon (CVE:HPQ) Shares Down 8.1% - Here's Why

HPQ Silicon Inc. (CVE:HPQ - Get Free Report)'s share price dropped 8.1% on Friday . The stock traded as low as C$0.29 and last traded at C$0.29. Approximately 151,720 shares traded hands during mid-day trading, a decline of 21% from the average daily volume of 193,160 shares. The stock had previously closed at C$0.31.

HPQ Silicon Trading Down 8.1 %

The stock has a market cap of C$107.07 million, a price-to-earnings ratio of -7.13 and a beta of 2.14. The company has a debt-to-equity ratio of 17.30, a quick ratio of 0.71 and a current ratio of 0.30. The company's 50 day simple moving average is C$0.35 and its two-hundred day simple moving average is C$0.30.

Insider Transactions at HPQ Silicon

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