Hargreaves Services (LON:HSP) Share Price Crosses Above 200-Day Moving Average – What’s Next?

Hargreaves Services Plc (LON:HSP) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 757.44 and traded as high as GBX 820. Hargreaves Services shares last traded at GBX 818, with a volume of 9,544 shares changing hands.

Hargreaves Services Trading Up 1.0%

The stock has a market cap of £251.17 million, a P/E ratio of 12.58 and a beta of 0.57. The firm’s fifty day moving average price is GBX 806.94 and its two-hundred day moving average price is GBX 757.44. The company has a debt-to-equity ratio of 33.96, a current ratio of 2.24 and a quick ratio of 0.82.

Insider Buying and Selling at Hargreaves Services

In other Hargreaves Services news, insider Nicholas Mills purchased 12,690 shares of the stock in a transaction on Thursday, June 25th. The shares were purchased at an average price of GBX 814 per share, with a total value of £103,296.60. Also, insider Gordon Frank Colenso Banham sold 199,300 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 £1,694,050. Insiders sold 233,988 shares of company stock valued at $198,872,580 over the last 90 days. Insiders own 14.56% 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). 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.