HPQ Silicon (CVE:HPQ) Shares Up 16.1% - What's Next?

Key Points

• HPQ Silicon Inc. saw its stock price rise by 16.1%, trading at C$0.18 with over 1.5 million shares changing hands, significantly up from its usual daily volume.
• The company has a market capitalization of C$73.84 million and a negative PE ratio of -17.50, indicating potential challenges in profitability.
• HPQ Silicon is focused on developing silica and silicon-based solutions, particularly for battery and electric vehicle manufacturers, as well as applications in hydrogen and capacitors.

HPQ Silicon Inc. (CVE:HPQ - Get Free Report)'s share price 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 changed hands 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 Trading Down 2.6%

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 cap of C$80.17 million, a price-to-earnings ratio of -19.00 and a beta of 0.39. The business has a 50 day moving average of C$0.16 and a 200 day moving average of C$0.17.

About HPQ Silicon

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.