Hargreaves Services (LON:HSP) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Hargreaves Services Plc (LON:HSP) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 695.11 and traded as high as GBX 770. Hargreaves Services shares last traded at GBX 748, with a volume of 45,764 shares traded.

Hargreaves Services Stock Performance

The stock’s 50-day moving average is GBX 668.24 and its 200 day moving average is GBX 695.11. 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 firm has a market cap of £247.27 million, a P/E ratio of 11.51 and a beta of 0.85.

Hargreaves Services (LON:HSP) last announced its quarterly earnings results on Wednesday, January 28th. The company reported GBX 33.38 earnings per share (EPS) for the quarter. Hargreaves Services had a return on equity of 6.30% and a net margin of 5.81%. On average, research analysts predict 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.