Hargreaves Services (LON:HSP) Stock Price Passes Above 200-Day Moving Average – Here’s Why

Hargreaves Services Plc (LON:HSP) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 700.26 and traded as high as GBX 794. Hargreaves Services shares last traded at GBX 780, with a volume of 20,986 shares trading hands.

Hargreaves Services Price Performance

The stock has a market cap of £257.84 million, a PE ratio of 12.00 and a beta of 0.56. The business has a fifty day simple moving average of GBX 734.50 and a two-hundred day simple moving average of GBX 700.26. The company has a current ratio of 2.24, a quick ratio of 0.82 and a debt-to-equity ratio of 33.96.

Hargreaves Services (LON:HSP) last released its quarterly earnings data on Wednesday, January 28th. The company reported GBX 33.38 EPS for the quarter. Hargreaves Services had a return on equity of 11.00% and a net margin of 6.77%. Research analysts forecast that Hargreaves Services Plc will post 42.9487179 earnings per share for the current 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.