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

Hargreaves Services Plc (LON:HSP - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 597.70 ($7.95) and traded as high as GBX 598 ($7.95). Hargreaves Services shares last traded at GBX 584 ($7.76), with a volume of 22,368 shares.

Hargreaves Services Trading Up 0.4 %

The firm has a 50-day moving average price of GBX 607.15 and a 200-day moving average price of GBX 598.70. The company has a market capitalization of £193.08 million, a price-to-earnings ratio of 15.66 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.

Insider Buying and Selling at Hargreaves Services

In related news, insider David Anderson bought 2,448 shares of Hargreaves Services stock in a transaction dated Friday, April 11th. The stock was acquired at an average cost of GBX 581 ($7.72) per share, with a total value of £14,222.88 ($18,908.38). Also, insider Stephen Craigen purchased 2,842 shares of the company's stock in a transaction that occurred on Thursday, April 17th. The stock was bought at an average cost of GBX 563 ($7.48) per share, for a total transaction of £16,000.46 ($21,271.55). In the last three months, insiders acquired 9,540 shares of company stock valued at $5,402,334. 13.13% 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).