HPQ Silicon (CVE:HPQ) Trading 16.1% Higher - What's Next?

Key Points

• HPQ Silicon Inc. shares surged by 16.1% on Thursday, closing at C$0.18 after trading volumes increased by 529% from average levels.
• The company, focused on silica and silicon-based solutions for battery and electric vehicle manufacturers, has a market capitalization of C$73.84 million and a P/E ratio of -17.50.
• HPQ Silicon's current and quick ratios are 0.44 and 0.71 respectively, indicating potential liquidity concerns.

Shares of HPQ Silicon Inc. (CVE:HPQ - ) traded up 16.1% on Thursday . The stock traded as high as C$0.18 and last traded at C$0.18. 1,550,452 shares were traded during trading, an increase of 529% from the average session volume of 246,565 shares. The stock had previously closed at C$0.16.

HPQ Silicon Stock Performance

The stock's 50-day moving average price is C$0.15 and its 200-day moving average price is C$0.18. 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 company has a market capitalization of C$73.84 million, a P/E ratio of -17.50 and a beta of 0.39.

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.

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