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

Shares of 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 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 firm has a 50-day simple moving average of GBX 806.94 and a 200-day simple moving average of GBX 757.44. The company has a quick ratio of 0.82, a current ratio of 2.24 and a debt-to-equity ratio of 33.96. The stock has a market cap of £251.17 million, a PE ratio of 12.58 and a beta of 0.57.

Insider Activity at Hargreaves Services

In other Hargreaves Services news, insider Gordon Frank Colenso Banham sold 199,300 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 £1,694,050. Also, insider Nigel Halkes sold 355 shares of Hargreaves Services stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of GBX 850, for a total value of £3,017.50. Insiders sold a total of 233,988 shares of company stock worth $198,872,580 in the last 90 days. 14.56% of the stock is owned by company 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.