HPQ Silicon (CVE:HPQ) Trading 21.6% Higher – Here’s Why

HPQ Silicon Inc. (CVE:HPQGet Free Report) shares were up 21.6% during trading on Thursday . The stock traded as high as C$0.19 and last traded at C$0.18. Approximately 1,359,069 shares changed hands during mid-day trading, an increase of 510% from the average daily volume of 222,935 shares. The stock had previously closed at C$0.15.

HPQ Silicon Stock Performance

The company’s fifty day moving average is C$0.17 and its 200 day moving average is C$0.21. The company has a market capitalization of C$64.19 million, a P/E ratio of -4.99 and a beta of 2.14. The company has a current ratio of 0.44, a quick ratio of 0.71 and a debt-to-equity ratio of -1.07.

About HPQ Silicon

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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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