Hargreaves Services (LON:HSP) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Hargreaves Services Plc (LON:HSP)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 698.52 and traded as low as GBX 648.36. Hargreaves Services shares last traded at GBX 666, with a volume of 54,632 shares traded.

Hargreaves Services Price Performance

The company has a debt-to-equity ratio of 17.75, a quick ratio of 0.82 and a current ratio of 2.06. The business has a 50 day moving average price of GBX 654.61 and a 200-day moving average price of GBX 698.52. The company has a market capitalization of £222.98 million, a price-to-earnings ratio of 15.31 and a beta of 0.85.

Insider Transactions at Hargreaves Services

In other Hargreaves Services news, insider Gordon Frank Colenso Banham purchased 7,600 shares of the company’s stock in a transaction on Tuesday, November 4th. The shares were purchased at an average cost of GBX 650 per share, with a total value of £49,400. Company insiders own 15.27% of the company’s stock.

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.