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HPQ Silicon (CVE:HPQ) Stock Price Up 13.3% - Should You Buy?

HPQ Silicon logo with Basic Materials background

Key Points

  • HPQ Silicon Inc. shares rose by 13.3% during trading, reaching a high of C$0.18 before last trading at C$0.17.
  • The company's market capitalization stands at C$64.19 million, with a PE ratio of -4.99 and a high beta of 2.14.
  • HPQ Silicon specializes in silica and silicon-based solutions for battery and electric vehicle manufacturers, as well as hydrogen applications.
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Shares of HPQ Silicon Inc. (CVE:HPQ - Get Free Report) were up 13.3% during mid-day trading on Wednesday . The company traded as high as C$0.18 and last traded at C$0.17. Approximately 938,816 shares changed hands during mid-day trading, an increase of 298% from the average daily volume of 236,125 shares. The stock had previously closed at C$0.15.

HPQ Silicon Stock Down 6.3%

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

About HPQ Silicon

(Get Free Report)

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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