Hargreaves Services (LON:HSP) Releases Earnings Results

Hargreaves Services (LON:HSP) issued its quarterly earnings data on Wednesday. The company reported GBX 79.10 EPS for the quarter, Digital Look Earnings reports. Hargreaves Services had a return on equity of 11.00% and a net margin of 6.77%.

Hargreaves Services Price Performance

Hargreaves Services stock traded up GBX 17.35 during mid-day trading on Wednesday, hitting GBX 801.35. 90,481 shares of the company traded hands, compared to its average volume of 74,642. The company has a debt-to-equity ratio of 33.96, a quick ratio of 0.82 and a current ratio of 2.24. Hargreaves Services has a one year low of GBX 588 and a one year high of GBX 850. The stock has a market cap of £246.05 million, a price-to-earnings ratio of 12.33 and a beta of 0.60. The stock has a fifty day moving average price of GBX 800.85 and a 200-day moving average price of GBX 774.39.

Insider Transactions at Hargreaves Services

In other news, insider Stephen Craigen sold 1,712 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of GBX 850, for a total transaction of £14,552. Also, insider Nicholas Mills acquired 12,690 shares of the company’s stock in a transaction dated Thursday, June 25th. The shares were bought at an average cost of GBX 814 per share, with a total value of £103,296.60. Over the last ninety days, insiders have sold 233,988 shares of company stock worth $198,872,580. Company insiders own 40.10% of the company’s stock.

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.