Insider Selling: Hargreaves Services (LON:HSP) Insider Sells £4,018,000 in Stock

Hargreaves Services Plc (LON:HSP) insider Nicholas Mills sold 490,000 shares of the firm’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of GBX 820, for a total value of £4,018,000.

Nicholas Mills also recently made the following trade(s):

• On Thursday, June 25th, Nicholas Mills bought 12,690 shares of Hargreaves Services stock. The shares were acquired at an average cost of GBX 814 per share, with a total value of £103,296.60.
• On Thursday, June 25th, Nicholas Mills sold 410 shares of Hargreaves Services stock. The shares were sold at an average price of GBX 808, for a total transaction of £3,312.80.

Hargreaves Services Stock Performance

LON:HSP opened at GBX 809.08 on Monday. The company’s 50-day moving average price is GBX 800.91 and its 200-day moving average price is GBX 787.25. The company has a current ratio of 2.00, a quick ratio of 0.82 and a debt-to-equity ratio of 20.58. The company has a market cap of £248.43 million, a P/E ratio of 8.79 and a beta of 0.59. Hargreaves Services Plc has a twelve month low of GBX 588 and a twelve month high of GBX 850.

Hargreaves Services (LON:HSP) last announced its quarterly earnings data on Wednesday, July 29th. The company reported GBX 79.10 earnings per share (EPS) for the quarter. Hargreaves Services had a net margin of 8.74% and a return on equity of 15.42%. On average, sell-side analysts forecast that Hargreaves Services Plc will post 42.9487179 earnings per share for the current fiscal 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.