Hargreaves Services (LON:HSP) Share Price Passes Above 200-Day Moving Average – Here’s Why

Shares of Hargreaves Services Plc (LON:HSP) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 699.84 and traded as high as GBX 782. Hargreaves Services shares last traded at GBX 770, with a volume of 37,055 shares.

Hargreaves Services Trading Up 1.0%

The firm has a fifty day moving average of GBX 723.39 and a two-hundred day moving average of GBX 699.99. The company has a market cap of £257.18 million, a PE ratio of 11.97 and a beta of 0.85. The company has a current ratio of 2.24, a quick ratio of 0.82 and a debt-to-equity ratio of 33.96.

Hargreaves Services (LON:HSP) last released its quarterly earnings data on Wednesday, January 28th. The company reported GBX 33.38 EPS for the quarter. Hargreaves Services had a net margin of 6.77% and a return on equity of 11.00%. As a group, sell-side analysts predict that Hargreaves Services Plc will post 42.9487179 EPS for the current year.

Hargreaves Services Company Profile

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.