Hargreaves Services (LON:HSP) Sets New 12-Month High – Here’s What Happened

Hargreaves Services Plc (LON:HSP)’s stock price reached a new 52-week high during mid-day trading on Thursday. The stock traded as high as GBX 880 and last traded at GBX 830, with a volume of 104341 shares traded. The stock had previously closed at GBX 850.

Hargreaves Services Price Performance

The firm has a 50 day moving average of GBX 825.69 and a 200-day moving average of GBX 803.67. The company has a current ratio of 2.00, a quick ratio of 0.82 and a debt-to-equity ratio of 20.58. The company has a market cap of £254.85 million, a P/E ratio of 9.02 and a beta of 0.59.

Hargreaves Services (LON:HSP) last posted its quarterly earnings results on Wednesday, July 29th. The company reported GBX 79.10 earnings per share for the quarter. Hargreaves Services had a return on equity of 15.42% and a net margin of 8.74%. On average, equities research analysts predict that Hargreaves Services Plc will post 42.9487179 EPS for the current year.

Insider Transactions at Hargreaves Services

In other Hargreaves Services news, insider Nicholas Mills sold 110,000 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of GBX 820, for a total value of £902,000. Corporate insiders own 41.22% of the company’s stock.

About Hargreaves Services

Hargreaves Services plc is a diversified group delivering services to the core markets of Environmental services, Clean Energy, and Connectivity, supporting key industries within the UK and internationally. The Company operates through three divisions as follows: Services, Land, and a German joint venture.

Services is the core of the Group, providing specialist contracted services to critical projects in the Connectivity, Clean Energy and Environmental markets. Its services include but not are not limited to earthmoving, waste management, materials handling, industrial services, mechanical and electrical contracting, and logistics.