Hargreaves Services (LON:HSP) Shares Cross Above 200-Day Moving Average of $472.03

Hargreaves Services Plc (LON:HSP) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 472.03 ($5.93) and traded as high as GBX 578 ($7.26). Hargreaves Services shares last traded at GBX 572 ($7.19), with a volume of 48,919 shares changing hands.

Hargreaves Services Price Performance

The company has a debt-to-equity ratio of 14.58, a quick ratio of 0.82 and a current ratio of 1.65. The stock has a market capitalization of £187.02 million, a PE ratio of 1,505.26 and a beta of 0.94. The stock’s 50-day moving average is GBX 531.43 and its 200 day moving average is GBX 472.03.

Insiders Place Their Bets

In other Hargreaves Services news, insider Roger McDowell sold 74,757 shares of the firm’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of GBX 521 ($6.54), for a total transaction of £389,483.97 ($489,240.01). 13.02% of the stock is currently owned by insiders.

About Hargreaves Services

Hargreaves Services Plc provides environmental and industrial services in the United Kingdom, Southeast Asia, and South Africa. The company operates through: Services, Hargreaves Land, and Hargreaves Raw Materials Services segments. It offers environmental services, such as carbon sequestration and forestry creation, land remediation, land restoration and aftercare, geotechnical assessment, environmental site survey, and waste management services; materials handling operation and maintenance, mechanical and electrical maintenance, and project engineering services; and earthmoving advisory and contracting services, including soils treatment services.