Hargreaves Services (LON:HSP) Sets New 12-Month High – What’s Next?

Hargreaves Services Plc (LON:HSP)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 840 and last traded at GBX 814, with a volume of 16242 shares trading hands. The stock had previously closed at GBX 794.

Hargreaves Services Stock Up 2.5%

The stock has a 50 day moving average price of GBX 803.08 and a 200 day moving average price of GBX 747.96. The company has a debt-to-equity ratio of 33.96, a quick ratio of 0.82 and a current ratio of 2.24. The company has a market capitalization of £249.94 million, a P/E ratio of 12.52 and a beta of 0.57.

Insider Activity

In other Hargreaves Services news, insider Stephen Craigen sold 1,712 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of GBX 850, for a total transaction of £14,552. Also, insider Gordon Frank Colenso Banham sold 199,300 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 £1,694,050. Over the last ninety days, insiders sold 233,578 shares of company stock worth $198,541,300. 14.56% of the stock is owned by 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.