Insider Selling: Hargreaves Services (LON:HSP) Insider Sells 490,000 Shares of Stock

Hargreaves Services Plc (LON:HSP) insider Nicholas Mills sold 490,000 shares of the business’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of GBX 820, for a total transaction of £4,018,000.

Nicholas Mills also recently made the following trade(s):

• On Thursday, June 25th, Nicholas Mills acquired 12,690 shares of Hargreaves Services stock. The stock was purchased at an average cost of GBX 814 per share, with a total value of £103,296.60.
• On Thursday, June 25th, Nicholas Mills sold 410 shares of Hargreaves Services stock. The stock was sold at an average price of GBX 808, for a total transaction of £3,312.80.

Hargreaves Services Price Performance

Shares of HSP stock opened at GBX 809.08 on Monday. The company has a debt-to-equity ratio of 20.58, a current ratio of 2.00 and a quick ratio of 0.82. The firm’s 50-day moving average is GBX 800.91 and its two-hundred day moving average is GBX 787.25. Hargreaves Services Plc has a 12 month low of GBX 588 and a 12 month high of GBX 850. The company has a market capitalization of £248.43 million, a PE ratio of 8.79 and a beta of 0.59.

Hargreaves Services (LON:HSP) last posted its earnings results on Wednesday, July 29th. The company reported GBX 79.10 earnings per share for the quarter. Hargreaves Services had a net margin of 8.74% and a return on equity of 15.42%. Analysts predict that Hargreaves Services Plc will post 42.9487179 earnings per share for the current year.

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.