HPQ Silicon (CVE:HPQ) Stock Price Down 7.5% – Should You Sell?

HPQ Silicon Inc. (CVE:HPQ) shares were down 7.5% during trading on Friday . The company traded as low as C$0.24 and last traded at C$0.25. Approximately 247,456 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 320,552 shares. The stock had previously closed at C$0.27.

HPQ Silicon Stock Down 5.7 %

The company has a quick ratio of 0.71, a current ratio of 0.30 and a debt-to-equity ratio of 17.30. The company has a market capitalization of C$93.92 million, a PE ratio of -6.25 and a beta of 2.14. The firm has a 50-day moving average of C$0.25 and a two-hundred day moving average of C$0.31.

Insider Buying and Selling

In related news, Director Daryl Hodges sold 73,000 shares of the stock in a transaction dated Wednesday, October 9th. The stock was sold at an average price of C$0.36, for a total transaction of C$25,915.00. In the last ninety days, insiders sold 182,000 shares of company stock valued at $54,640. 5.36% of the stock is currently owned by insiders.

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.