Hargreaves Services (LON:HSP) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

Hargreaves Services Plc (LON:HSP) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 719.25 and traded as high as GBX 819.86. Hargreaves Services shares last traded at GBX 810.47, with a volume of 32,420 shares.

Hargreaves Services Stock Performance

The company has a quick ratio of 0.82, a current ratio of 2.24 and a debt-to-equity ratio of 33.96. The company has a 50-day moving average price of GBX 778.95 and a 200-day moving average price of GBX 719.96. The firm has a market capitalization of £251.78 million, a price-to-earnings ratio of 12.61 and a beta of 0.59.

Insider Transactions at Hargreaves Services

In other Hargreaves Services news, insider Gordon Frank Colenso Banham sold 199,300 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of GBX 850, for a total value of £1,694,050. Also, insider Nigel Halkes sold 355 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of GBX 850, for a total value of £3,017.50. Insiders sold a total of 233,578 shares of company stock valued at $198,541,300 over the last three months. 15.27% of the stock is owned by company insiders.

About Hargreaves Services

Hargreaves Services plc is a diversified group delivering services to the industrial and property sectors, supporting key industries within the UK and South East Asia. The Company’s three business segments are Services, Hargreaves Land and an investment in a German joint venture, Hargreaves Raw Materials Services GmbH (HRMS). Services provides critical support to many core industries including Energy, Environmental, UK Infrastructure and certain manufacturing industries through the provision of materials handling, mechanical and electrical contracting services, logistics and major earthworks.