Hargreaves Services (LON:HSP) Reaches New 52-Week High – Should You Buy?

Hargreaves Services Plc (LON:HSP – Get Free Report) shares reached a new 52-week high on Friday . The stock traded as high as GBX 850 and last traded at GBX 831.25, with a volume of 364031 shares changing hands. The stock had previously closed at GBX 824.

Hargreaves Services Stock Up 0.9%

The company has a quick ratio of 0.82, a current ratio of 2.00 and a debt-to-equity ratio of 20.58. The company has a market cap of £255.23 million, a PE ratio of 9.03 and a beta of 0.59. The company’s fifty day moving average is GBX 804.81 and its 200-day moving average is GBX 792.74.

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Hargreaves Services (LON:HSP – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported GBX 79.10 earnings per share (EPS) for the quarter. Hargreaves Services had a return on equity of 15.42% and a net margin of 8.74%. On average, analysts predict that Hargreaves Services Plc will post 42.9487179 EPS for the current year.

Insider Transactions at Hargreaves Services

In other Hargreaves Services news, insider Nicholas Mills sold 490,000 shares of the firm’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of GBX 820, for a total value of £4,018,000. Insiders sold 600,410 shares of company stock valued at $492,331,280 over the last 90 days. Company insiders own 43.17% of the company’s stock.

Hargreaves Services Company Profile

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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.

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