Hargreaves Services (LON:HSP) Hits New 1-Year High – Here’s What Happened

Shares of Hargreaves Services Plc (LON:HSP) reached a new 52-week high during trading on Monday. The stock traded as high as GBX 896 and last traded at GBX 896, with a volume of 85,114 shares traded. The stock had previously closed at GBX 870.

Hargreaves Services Trading Up 3.0%

The company has a quick ratio of 0.82, a current ratio of 2.00 and a debt-to-equity ratio of 20.58. The company’s fifty day moving average price is GBX 852.16 and its two-hundred day moving average price is GBX 802.46. The firm has a market cap of £275.12 million, a PE ratio of 9.73 and a beta of 0.56.

Insiders Place Their Bets

In other Hargreaves Services news, insider Nicholas Mills sold 800,000 shares of Hargreaves Services stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of GBX 876, for a total value of £7,008,000. Over the last 90 days, insiders sold 1,400,000 shares of company stock valued at $1,192,800,000. 43.17% of the stock is currently owned by insiders.

Hargreaves Services Company Profile

Hargreaves Services plc is a diversified group delivering services to the core markets of Environmental services, Clean Energy, and Connectivity, supporting key industries within the UK and internationally. The Company operates through three divisions as follows: Services, Land, and a German joint venture.

Services is the core of the Group, providing specialist contracted services to critical projects in the Connectivity, Clean Energy and Environmental markets. Its services include but not are not limited to earthmoving, waste management, materials handling, industrial services, mechanical and electrical contracting, and logistics.