Hargreaves Services (LON:HSP) Posts Quarterly Earnings Results

Hargreaves Services (LON:HSP) posted its quarterly earnings data on Wednesday. The company reported GBX 12.23 ($0.15) earnings per share for the quarter, Digital Look Earnings reports. Hargreaves Services had a return on equity of 6.22% and a net margin of 5.82%.

Hargreaves Services Stock Down 1.5 %

Shares of HSP traded down GBX 10 ($0.12) during trading hours on Friday, hitting GBX 638 ($7.92). The company had a trading volume of 86,234 shares, compared to its average volume of 30,823. Hargreaves Services has a 52-week low of GBX 460 ($5.71) and a 52-week high of GBX 664.94 ($8.26). The firm has a fifty day moving average price of GBX 584.80 and a 200-day moving average price of GBX 575.69. The stock has a market capitalization of £210.28 million, a price-to-earnings ratio of 1,724.32 and a beta of 0.85. The company has a debt-to-equity ratio of 17.78, a quick ratio of 0.82 and a current ratio of 2.06.

Insider Activity at Hargreaves Services

In other Hargreaves Services news, insider David Anderson purchased 2,789 shares of the stock in a transaction dated Friday, November 8th. The shares were purchased at an average cost of GBX 564 ($7.00) per share, with a total value of £15,729.96 ($19,535.47). 13.13% of the stock is currently owned by insiders.

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).