Hargreaves Services (LON:HSP) Reaches New 12-Month High – Should You Buy?

Hargreaves Services Plc (LON:HSP – Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 868 and last traded at GBX 858, with a volume of 35567 shares traded. The stock had previously closed at GBX 844.

Hargreaves Services Stock Performance

The company has a debt-to-equity ratio of 20.58, a quick ratio of 0.82 and a current ratio of 2.00. The stock’s 50 day moving average price is GBX 809.86 and its 200 day moving average price is GBX 796.04. The company has a market capitalization of £260.99 million, a P/E ratio of 9.24 and a beta of 0.59.

Get Hargreaves Services alerts:

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

Insiders Place Their Bets

In other news, insider Nicholas Mills sold 110,000 shares of Hargreaves Services stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of GBX 820, for a total value of £902,000. In the last three months, insiders sold 600,410 shares of company stock worth $492,331,280. Company insiders own 41.22% of the company’s stock.

About Hargreaves Services

(Get Free Report)

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.

Recommended Stories

• Five stocks we like better than Hargreaves Services
• Corning Just Locked In a Massive Verizon Fiber Deal as AI Infrastructure Expands
• 3 Under-$20 Stocks Tied to the Future of U.S. Energy and Materials
• Uncle Sam’s Quantum Leap: Feds Fund a $300M Quantum Supercycle
• Chewy’s Sell-Off Puts Its Recurring Revenue Story Back on Trial for Investors

Receive News & Ratings for Hargreaves Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hargreaves Services and related companies with MarketBeat.com's FREE daily email newsletter.