Hargreaves Services (LON:HSP) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

Shares of Hargreaves Services Plc (LON:HSP) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 764.06 and traded as high as GBX 830. Hargreaves Services shares last traded at GBX 806, with a volume of 38,769 shares.

Hargreaves Services Trading Down 1.0%

The firm has a 50-day moving average of GBX 806.10 and a 200 day moving average of GBX 765.01. The company has a current ratio of 2.24, a quick ratio of 0.82 and a debt-to-equity ratio of 33.96. The stock has a market capitalization of £243.18 million, a price-to-earnings ratio of 12.18 and a beta of 0.60.

Insider Activity at Hargreaves Services

In other news, insider Nigel Halkes sold 355 shares of the firm’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. Also, insider Roger McDowell sold 31,500 shares of Hargreaves Services stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of GBX 850, for a total transaction of £267,750. In the last three months, insiders sold 233,988 shares of company stock valued at $198,872,580. 40.10% 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). 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.