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

Hargreaves Services Plc (LON:HSP) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 577.40 ($7.22) and traded as high as GBX 638 ($7.98). Hargreaves Services shares last traded at GBX 626 ($7.83), with a volume of 11,586 shares traded.

Hargreaves Services Stock Up 1.9 %

The company has a debt-to-equity ratio of 17.78, a quick ratio of 0.82 and a current ratio of 2.06. The company has a market capitalization of £210.35 million, a price-to-earnings ratio of 1,724.86 and a beta of 0.85. The firm’s 50-day simple moving average is GBX 589 and its 200-day simple moving average is GBX 577.40.

Hargreaves Services (LON:HSP) last posted its quarterly earnings results on Wednesday, January 29th. The company reported GBX 12.23 ($0.15) earnings per share (EPS) for the quarter. Hargreaves Services had a net margin of 5.82% and a return on equity of 6.22%. Sell-side analysts forecast that Hargreaves Services Plc will post 42.9487179 earnings per share for the current year.

Insider Transactions at Hargreaves Services

In other Hargreaves Services news, insider David Anderson acquired 2,789 shares of Hargreaves Services stock in a transaction dated Friday, November 8th. The stock was bought at an average cost of GBX 564 ($7.05) per share, with a total value of £15,729.96 ($19,664.91). 13.13% of the stock is owned by insiders.

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).