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

Hargreaves Services Plc (LON:HSP) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 700.46 and traded as high as GBX 772. Hargreaves Services shares last traded at GBX 746, with a volume of 43,820 shares.

Hargreaves Services Stock Up 0.8%

The firm has a market capitalization of £246.61 million, a price-to-earnings ratio of 11.48 and a beta of 0.56. 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 company’s 50 day moving average price is GBX 755 and its 200 day moving average price is GBX 700.46.

Hargreaves Services (LON:HSP) last released its 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 11.00% and a net margin of 6.77%. As a group, research analysts forecast that Hargreaves Services Plc will post 42.9487179 earnings per share for the current fiscal 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.