Hargreaves Services (LON:HSP) Stock Passes Above 200-Day Moving Average - Time to Sell?

Key Points

• Hargreaves Services Plc shares crossed above their 200-day moving average of GBX 674.44, with current trading at GBX 716 ($9.72) and a high of GBX 744 ($10.10).
• The company's market capitalization is £242.90 million, and it reported earnings per share of GBX 45.20 for the last quarter.
• Insider Stephen Craigen sold 2,998 shares at an average price of GBX 760, indicating some insider movement, with company insiders holding 15.23% of the shares.

Hargreaves Services Plc (LON:HSP - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 674.44 ($9.21) and traded as high as GBX 744 ($10.16). Hargreaves Services shares last traded at GBX 716 ($9.77), with a volume of 8,273 shares.

Hargreaves Services Stock Performance

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 company's 50-day moving average price is GBX 747.42 and its two-hundred day moving average price is GBX 675.54. The company has a market cap of £248.68 million, a P/E ratio of 1,706.99 and a beta of 0.85.

Hargreaves Services (LON:HSP - Get Free Report) last issued 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%. As a group, equities analysts forecast that Hargreaves Services Plc will post 42.9487179 earnings per share for the current year.

Insider Buying and Selling

In other Hargreaves Services news, insider Stephen Craigen sold 2,998 shares of the firm's stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of GBX 760, for a total value of £22,784.80. 15.23% of the stock is owned by corporate 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).