Hargreaves Services (LON:HSP) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

Hargreaves Services Plc (LON:HSP) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 725.02 and traded as high as GBX 838. Hargreaves Services shares last traded at GBX 794.34, with a volume of 28,508 shares traded.

Hargreaves Services Stock Performance

The stock has a 50-day moving average price of GBX 782.93 and a 200 day moving average price of GBX 725.02. The company has a market cap of £243.90 million, a price-to-earnings ratio of 12.22 and a beta of 0.59. 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 news, insider Nicholas Mills sold 711 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 value of £6,043.50. Also, insider Gordon Frank Colenso Banham sold 199,300 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of GBX 850, for a total transaction of £1,694,050. Insiders have sold a total of 233,578 shares of company stock valued at $198,541,300 in the last three months. 15.27% of the stock is currently owned by 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.