Hargreaves Services (LON:HSP) Share Price Passes Above 200-Day Moving Average – Here’s What Happened

Hargreaves Services Plc (LON:HSP)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 698.90 and traded as high as GBX 820. Hargreaves Services shares last traded at GBX 794, with a volume of 28,419 shares trading hands.

Hargreaves Services Stock Performance

The business has a 50 day moving average price of GBX 706.91 and a two-hundred day moving average price of GBX 698.90. The company has a debt-to-equity ratio of 17.75, a quick ratio of 0.82 and a current ratio of 2.06. The company has a market cap of £262.47 million, a P/E ratio of 12.21 and a beta of 0.85.

Hargreaves Services (LON:HSP) last announced its quarterly earnings data on Wednesday, January 28th. The company reported GBX 33.38 earnings per share for the quarter. Hargreaves Services had a return on equity of 6.30% and a net margin of 5.81%. On average, sell-side analysts anticipate that Hargreaves Services Plc will post 42.9487179 earnings per share for the current year.

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.