HPQ Silicon (CVE:HPQ) Stock Price Down 6.3% - Here's Why

Key Points

• HPQ Silicon Inc. experienced a significant decline of 6.3% in stock price, dropping to C$0.15 during trading on Monday.
• The company's market capitalization is C$56.64 million, with a price-to-earnings ratio of -4.41 and high volatility indicated by a beta of 2.14.
• HPQ Silicon is focused on developing silica and silicon-based solutions particularly for battery, electric vehicle, and hydrogen applications.

HPQ Silicon Inc. (CVE:HPQ - Get Free Report) traded down 6.3% during trading on Monday . The company traded as low as C$0.15 and last traded at C$0.15. 137,711 shares were traded during mid-day trading, a decline of 42% from the average session volume of 236,989 shares. The stock had previously closed at C$0.16.

HPQ Silicon Price Performance

The company has a current ratio of 0.44, a quick ratio of 0.71 and a debt-to-equity ratio of -1.07. The business's fifty day moving average is C$0.16 and its 200 day moving average is C$0.19. The firm has a market capitalization of C$56.64 million, a P/E ratio of -4.41 and a beta of 2.14.

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.