Hargreaves Services (LON:HSP) Stock Crosses Above 200 Day Moving Average – Here’s What Happened

Hargreaves Services Plc (LON:HSP)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 769.82 and traded as high as GBX 816. Hargreaves Services shares last traded at GBX 780, with a volume of 16,612 shares traded.

Hargreaves Services Stock Performance

The firm has a market capitalization of £239.50 million, a PE ratio of 12.00 and a beta of 0.60. The company has a debt-to-equity ratio of 33.96, a current ratio of 2.24 and a quick ratio of 0.82. The firm has a fifty day moving average price of GBX 803.46 and a 200 day moving average price of GBX 769.82.

Insider Activity

In other Hargreaves Services news, insider Roger McDowell sold 31,500 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of GBX 850, for a total value of £267,750. Also, insider Gordon Frank Colenso Banham sold 199,300 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of GBX 850, for a total transaction of £1,694,050. In the last quarter, insiders have sold 233,988 shares of company stock worth $198,872,580. 40.10% of the stock is owned by company 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.