Hargreaves Services (LON:HSP) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

Shares of Hargreaves Services Plc (LON:HSP) crossed above its 200-day moving average during trading on Monday . The stock has a 200-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 traded.

Hargreaves Services Trading Up 0.5%

The company has a debt-to-equity ratio of 33.96, a quick ratio of 0.82 and a current ratio of 2.24. The stock has a market cap of £247.48 million, a price-to-earnings ratio of 12.40 and a beta of 0.60. The company’s 50 day simple moving average is GBX 806.34 and its two-hundred day simple moving average is GBX 764.06.

Insiders Place Their Bets

In other Hargreaves Services news, insider Gordon Frank Colenso Banham sold 199,300 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of GBX 850, for a total value of £1,694,050. Also, insider Nigel Halkes sold 355 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 value of £3,017.50. Insiders sold a total of 233,988 shares of company stock valued at $198,872,580 in the last three months. Company insiders own 40.10% 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.