Hargreaves Services (LON:HSP) Releases Earnings Results

Hargreaves Services (LON:HSP) released its earnings results on Wednesday. The company reported GBX 12.23 ($0.15) earnings per share for the quarter, Digital Look Earnings reports. Hargreaves Services had a return on equity of 6.22% and a net margin of 5.82%.

Hargreaves Services Stock Performance

HSP stock remained flat at GBX 648 ($8.05) during mid-day trading on Friday. 82,582 shares of the company’s stock were exchanged, compared to its average volume of 30,657. Hargreaves Services has a fifty-two week low of GBX 460 ($5.71) and a fifty-two week high of GBX 664.94 ($8.26). The firm has a market cap of £213.58 million, a PE ratio of 1,751.35 and a beta of 0.85. The company has a debt-to-equity ratio of 17.78, a current ratio of 2.06 and a quick ratio of 0.82. The company has a 50 day simple moving average of GBX 584.80 and a 200-day simple moving average of GBX 575.69.

Insider Transactions at Hargreaves Services

In related news, insider David Anderson purchased 2,789 shares of the business’s stock in a transaction dated Friday, November 8th. The shares were purchased at an average cost of GBX 564 ($7.00) per share, for a total transaction of £15,729.96 ($19,535.47). Company insiders own 13.13% of the company’s stock.

About Hargreaves Services

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).