Hargreaves Services (LON:HSP) Stock Passes Above 200 Day Moving Average of $546.63

Hargreaves Services Plc (LON:HSP) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 546.63 ($7.10) and traded as high as GBX 628 ($8.16). Hargreaves Services shares last traded at GBX 606 ($7.87), with a volume of 8,241 shares changing hands.

Hargreaves Services Stock Performance

The company’s fifty day simple moving average is GBX 567.35 and its two-hundred day simple moving average is GBX 547.54. The company has a debt-to-equity ratio of 17.78, a quick ratio of 0.82 and a current ratio of 2.06. The stock has a market capitalization of £200.39 million, a P/E ratio of 1,648.65 and a beta of 0.86.

Hargreaves Services Dividend Announcement

The company also recently announced a dividend, which will be paid on Monday, November 4th. Stockholders of record on Thursday, September 26th will be given a GBX 18 ($0.23) dividend. This represents a dividend yield of 3.33%. The ex-dividend date is Thursday, September 26th. Hargreaves Services’s payout ratio is 9,729.73%.

Insider Transactions at Hargreaves Services

In other Hargreaves Services news, insider David Anderson acquired 6,745 shares of the business’s stock in a transaction on Friday, August 23rd. The stock was purchased at an average price of GBX 601 ($7.81) per share, with a total value of £40,537.45 ($52,673.40). Insiders own 13.09% of the company’s stock.

About Hargreaves Services

Hargreaves Services Plc provides environmental and industrial services in the United Kingdom, Southeast Asia, and South Africa. The company operates through: Services, Hargreaves Land, and Hargreaves Raw Materials Services segments. It offers environmental services, such as carbon sequestration and forestry creation, land remediation, land restoration and aftercare, geotechnical assessment, environmental site survey, and waste management services; materials handling operation and maintenance, mechanical and electrical maintenance, and project engineering services; and earthmoving advisory and contracting services, including soils treatment services.