HPQ Silicon (CVE:HPQ) Shares Down 2% – Should You Sell?

HPQ Silicon Inc. (CVE:HPQGet Free Report) fell 2% during mid-day trading on Tuesday . The stock traded as low as C$0.24 and last traded at C$0.25. 154,709 shares were traded during mid-day trading, a decline of 23% from the average session volume of 199,725 shares. The stock had previously closed at C$0.26.

HPQ Silicon Stock Performance

The firm has a 50-day moving average of C$0.31 and a 200-day moving average of C$0.31. The company has a current ratio of 0.30, a quick ratio of 0.71 and a debt-to-equity ratio of 17.30. The stock has a market capitalization of C$93.92 million, a price-to-earnings ratio of -6.25 and a beta of 2.14.

Insider Activity

In other news, Director Daryl Hodges sold 73,000 shares of the company’s stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of C$0.36, for a total value of C$25,915.00. Over the last three months, insiders have sold 203,000 shares of company stock valued at $71,850. Company insiders own 5.36% of the company’s stock.

HPQ Silicon Company Profile

(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.

Further Reading

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