Hargreaves Services (LON:HSP) Share Price Passes Above Two Hundred Day Moving Average - Here's What Happened

Key Points

• Hargreaves Services shares surpassed their 200-day moving average of GBX 669.61, trading as high as GBX 780 before closing at GBX 761.50.
• The company's market cap is £260.78 million, with earnings per share reported at GBX 45.20 for the last quarter.
• Insider Stephen Craigen sold 2,998 shares at an average price of GBX 760, with company insiders collectively holding 13.13% of the stock.

Hargreaves Services Plc (LON:HSP - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 669.61 ($9.03) and traded as high as GBX 780 ($10.52). Hargreaves Services shares last traded at GBX 761.50 ($10.27), with a volume of 130,440 shares traded.

Hargreaves Services Trading Down 0.4%

The firm has a market cap of £260.78 million, a price-to-earnings ratio of 21.15 and a beta of 0.85. The company has a debt-to-equity ratio of 17.75, a quick ratio of 0.82 and a current ratio of 2.06. The business has a fifty day moving average of GBX 742.71 and a two-hundred day moving average of GBX 669.61.

Hargreaves Services (LON:HSP - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The company reported GBX 45.20 earnings per share for the quarter. Hargreaves Services had a return on equity of 6.30% and a net margin of 5.81%. As a group, equities analysts expect that Hargreaves Services Plc will post 42.9487179 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Hargreaves Services news, insider Stephen Craigen sold 2,998 shares of the stock in a transaction on Friday, August 8th. The stock was sold at an average price of GBX 760, for a total transaction of £22,784.80. Company insiders own 13.13% of the company's stock.

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).

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