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Hargreaves Services (LON:HSP) Stock Passes Above 200 Day Moving Average - Here's What Happened

Hargreaves Services logo with Industrials background

Key Points

  • Hargreaves Services Plc's stock price surpassed its 200-day moving average, trading as high as GBX 770 ($10.37) before closing at GBX 764 ($10.29).
  • The company reported earnings per share (EPS) of GBX 45.20 for the latest quarter, with sell-side analysts projecting an EPS of approximately 42.95 for the current fiscal year.
  • Insider Stephen Craigen sold 2,998 shares at an average price of GBX 760, bringing his total sale value to £22,784.80.
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Hargreaves Services Plc (LON:HSP - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 677.60 ($9.16) and traded as high as GBX 770 ($10.41). Hargreaves Services shares last traded at GBX 764 ($10.33), with a volume of 100,709 shares trading hands.

Hargreaves Services Price Performance

The stock has a 50-day moving average of GBX 747.67 and a two-hundred day moving average of GBX 678.91. The firm has a market cap of £251.23 million, a price-to-earnings ratio of 1,724.53 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.

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

Insider Activity at Hargreaves Services

In other news, insider Stephen Craigen sold 2,998 shares of the stock in a transaction dated Friday, August 8th. The stock was sold at an average price of GBX 760, for a total transaction of £22,784.80. Corporate insiders own 15.23% of the company's stock.

About Hargreaves Services

(Get Free Report)

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).

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