HPQ Silicon (CVE:HPQ) Trading 22.2% Higher - Here's Why

Key Points

• HPQ Silicon Inc. shares surged 22.2% during mid-day trading, reaching a price of C$0.22.
• The trading volume increased by 519% compared to the average session, with 1,593,726 shares exchanged.
• HPQ Silicon specializes in providing silica and silicon-based solutions, particularly for battery and electric vehicle manufacturers.

Shares of HPQ Silicon Inc. (CVE:HPQ - ) traded up 22.2% during mid-day trading on Tuesday . The company traded as high as C$0.22 and last traded at C$0.22. 1,593,726 shares were traded during trading, an increase of 519% from the average session volume of 257,626 shares. The stock had previously closed at C$0.18.

HPQ Silicon Trading Up 22.2%

The stock has a market cap of C$92.83 million, a price-to-earnings ratio of -22.00 and a beta of 0.42. The company has a debt-to-equity ratio of -1.07, a quick ratio of 0.71 and a current ratio of 0.44. The company's 50 day simple moving average is C$0.17 and its two-hundred day simple moving average is C$0.17.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.