Hargreaves Services (LON:HSP) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Shares of Hargreaves Services Plc (LON:HSP) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 577.40 ($7.22) and traded as high as GBX 638 ($7.98). Hargreaves Services shares last traded at GBX 626 ($7.83), with a volume of 11,586 shares trading hands.

Hargreaves Services Stock Up 1.9 %

The stock has a market capitalization of £210.35 million, a P/E ratio of 1,724.86 and a beta of 0.85. The firm’s fifty day moving average is GBX 589 and its 200-day moving average is GBX 577.40. The company has a current ratio of 2.06, a quick ratio of 0.82 and a debt-to-equity ratio of 17.78.

Hargreaves Services (LON:HSP) last announced its earnings results on Wednesday, January 29th. The company reported GBX 12.23 ($0.15) earnings per share for the quarter. Hargreaves Services had a net margin of 5.82% and a return on equity of 6.22%. As a group, equities research analysts predict that Hargreaves Services Plc will post 42.9487179 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider David Anderson bought 2,789 shares of the company’s stock in a transaction on Friday, November 8th. The stock was bought at an average cost of GBX 564 ($7.05) per share, with a total value of £15,729.96 ($19,664.91). Insiders own 13.13% 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).