Hargreaves Services (LON:HSP) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

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 786.24 and traded as high as GBX 826.67. Hargreaves Services shares last traded at GBX 810.92, with a volume of 77,515 shares changing hands.

Hargreaves Services Stock Performance

The company has a debt-to-equity ratio of 20.58, a current ratio of 2.00 and a quick ratio of 0.82. The company has a market capitalization of £249.08 million, a PE ratio of 8.81 and a beta of 0.59. The firm’s fifty day simple moving average is GBX 800.91 and its 200 day simple moving average is GBX 786.42.

Hargreaves Services (LON:HSP) last announced its quarterly earnings results on Wednesday, July 29th. The company reported GBX 79.10 earnings per share for the quarter. Hargreaves Services had a return on equity of 15.42% and a net margin of 8.74%. On average, research analysts predict that Hargreaves Services Plc will post 42.9487179 EPS for the current year.

Insider Activity at Hargreaves Services

In related news, insider Nicholas Mills sold 410 shares of the firm’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of GBX 808, for a total transaction of £3,312.80. 43.17% of the stock is owned by insiders.

Hargreaves Services Company Profile

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.