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HPQ Silicon (CVE:HPQ) Stock Price Up 21.6% - Here's Why

HPQ Silicon logo with Basic Materials background

HPQ Silicon Inc. (CVE:HPQ - Get Free Report) shot up 21.6% during trading on Wednesday . The company traded as high as C$0.19 and last traded at C$0.18. 1,359,069 shares traded hands during mid-day trading, an increase of 510% from the average session volume of 222,935 shares. The stock had previously closed at C$0.15.

HPQ Silicon Trading Up 21.6%

The firm has a 50 day moving average price of C$0.18 and a two-hundred day moving average price of C$0.21. The company has a market cap of C$67.97 million, a price-to-earnings ratio of -5.29 and a beta of 2.14. The company has a quick ratio of 0.71, a current ratio of 0.44 and a debt-to-equity ratio of -1.07.

HPQ Silicon Company Profile

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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.

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