Hargreaves Services (LON:HSP) Posts Quarterly Earnings Results

Hargreaves Services (LON:HSP) released its quarterly earnings data on Wednesday. The company reported GBX 79.10 EPS for the quarter, Digital Look Earnings reports. Hargreaves Services had a net margin of 6.77% and a return on equity of 11.00%.

Hargreaves Services Price Performance

Shares of HSP traded up GBX 12 on Wednesday, reaching GBX 796. The stock had a trading volume of 86,933 shares, compared to its average volume of 74,617. Hargreaves Services has a twelve month low of GBX 588 and a twelve month high of GBX 850. The firm has a market capitalization of £244.41 million, a PE ratio of 12.25 and a beta of 0.60. The firm has a 50-day moving average of GBX 800.85 and a 200 day moving average of GBX 774.39. The company has a quick ratio of 0.82, a current ratio of 2.24 and a debt-to-equity ratio of 33.96.

Insider Activity at Hargreaves Services

In other news, insider Nigel Halkes sold 355 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of GBX 850, for a total value of £3,017.50. Also, insider Stephen Craigen sold 1,712 shares of Hargreaves Services stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of GBX 850, for a total value of £14,552. Insiders sold 233,988 shares of company stock valued at $198,872,580 in the last 90 days. 40.10% of the stock is owned by corporate insiders.

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.