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

Hargreaves Services logo with Industrials background
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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 Monday . The stock has a two hundred day moving average of GBX 710.36 and traded as high as GBX 802. Hargreaves Services shares last traded at GBX 792, with a volume of 2,394,752 shares changing hands.

Hargreaves Services Trading Down 1.2%

The company's 50-day moving average is GBX 773.10 and its 200-day moving average is GBX 710.36. The company has a debt-to-equity ratio of 33.96, a quick ratio of 0.82 and a current ratio of 2.24. The firm has a market cap of £261.81 million, a price-to-earnings ratio of 12.18 and a beta of 0.59.

About Hargreaves Services

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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). Services provides critical support to many core industries including Energy, Environmental, UK Infrastructure and certain manufacturing industries through the provision of materials handling, mechanical and electrical contracting services, logistics and major earthworks.

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