Hargreaves Services (LON:HSP) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Hargreaves Services Plc (LON:HSP)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 590.87 ($7.67) and traded as high as GBX 670 ($8.70). Hargreaves Services shares last traded at GBX 650 ($8.44), with a volume of 18,993 shares traded.

Hargreaves Services Stock Down 0.3 %

The company has a debt-to-equity ratio of 17.75, a current ratio of 2.06 and a quick ratio of 0.82. The business has a 50 day simple moving average of GBX 636.62 and a 200 day simple moving average of GBX 590.87. The company has a market capitalization of £219.41 million, a price-to-earnings ratio of 17.80 and a beta of 0.85.

Hargreaves Services (LON:HSP) last released its quarterly earnings results on Wednesday, January 29th. The company reported GBX 12.23 ($0.16) EPS for the quarter. Hargreaves Services had a return on equity of 6.30% and a net margin of 5.81%. As a group, equities analysts predict that Hargreaves Services Plc will post 42.9487179 earnings per share for the current fiscal year.

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).