Hargreaves Services (LON:HSP) Shares Cross Above 200-Day Moving Average – Here’s What Happened

Hargreaves Services Plc (LON:HSP)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 697.15 and traded as high as GBX 820. Hargreaves Services shares last traded at GBX 776, with a volume of 35,564 shares.

Hargreaves Services Price Performance

The company has a debt-to-equity ratio of 17.75, a current ratio of 2.06 and a quick ratio of 0.82. The company has a 50-day moving average price of GBX 691.20 and a two-hundred day moving average price of GBX 697.15. The company has a market cap of £256.52 million, a PE ratio of 11.94 and a beta of 0.85.

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

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.