Insider Selling: Hargreaves Services (LON:HSP) Insider Sells 355 Shares of Stock

Key Points

• Nigel Halkes, an insider at Hargreaves Services, sold 355 shares on May 5 at an average price of GBX 850, for a total of £3,017.50.
• HSP shares rose GBX 7.80 to GBX 811.80 on midday trading with 47,653 shares exchanged (vs. average 104,004); the stock has a market cap of £268.36m, a P/E of 12.49, and a 12‑month range of GBX 560–850.
• Hargreaves Services is a diversified group providing industrial and property services in the UK and Southeast Asia, operating through Services, Hargreaves Land and a German joint venture (HRMS).

Hargreaves Services Plc (LON:HSP - ) insider Nigel Halkes sold 355 shares of the business's stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of GBX 850, for a total transaction of £3,017.50.

Hargreaves Services Stock Up 1.0%

HSP stock traded up GBX 7.80 during midday trading on Wednesday, hitting GBX 811.80. 47,653 shares of the company's stock were exchanged, compared to its average volume of 104,004. The company has a current ratio of 2.24, a quick ratio of 0.82 and a debt-to-equity ratio of 33.96. Hargreaves Services Plc has a 12-month low of GBX 560 and a 12-month high of GBX 850. The firm has a 50 day moving average price of GBX 773.58 and a 200-day moving average price of GBX 711.50. The stock has a market capitalization of £268.36 million, a price-to-earnings ratio of 12.49 and a beta of 0.59.

About Hargreaves Services

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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