Hargreaves Services (LON:HSP) Sets New 52-Week High - Should You Buy?

Key Points

• Hargreaves Services Plc reached a new 52-week high, trading as high as GBX 770 ($10.23) with a last recorded price of GBX 752 ($9.99).
• The company reported earnings per share of GBX 45.20 ($0.60) for the last quarter, with a net margin of 5.81% and a return on equity of 6.30%.
• Hargreaves Services has a market cap of £253.84 million and operates in diversified sectors including industrial and property services.

Shares of Hargreaves Services Plc (LON:HSP - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 770 ($10.36) and last traded at GBX 752 ($10.11), with a volume of 45229 shares trading hands. The stock had previously closed at GBX 752 ($10.11).

Hargreaves Services Stock Up 1.0%

The company has a market cap of £259.92 million, a price-to-earnings ratio of 21.08 and a beta of 0.85. The company has a current ratio of 2.06, a quick ratio of 0.82 and a debt-to-equity ratio of 17.75. The firm's fifty day moving average price is GBX 719.60 and its 200-day moving average price is GBX 657.85.

Hargreaves Services (LON:HSP - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported GBX 45.20 ($0.61) earnings per share for the quarter. Hargreaves Services had a net margin of 5.81% and a return on equity of 6.30%. Sell-side analysts predict that Hargreaves Services Plc will post 42.9487179 earnings per share for the current year.

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).