Hargreaves Services (LON:HSP) Stock Price Passes Below 200 Day Moving Average – What’s Next?

Hargreaves Services Plc (LON:HSP) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 703.53 and traded as low as GBX 642. Hargreaves Services shares last traded at GBX 648, with a volume of 135,265 shares trading hands.

Hargreaves Services Price Performance

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’s 50 day moving average price is GBX 671.78 and its 200 day moving average price is GBX 703.53. The stock has a market capitalization of £213.94 million, a P/E ratio of 14.69 and a beta of 0.85.

Insider Buying and Selling

In related news, insider Gordon Frank Colenso Banham bought 7,600 shares of the firm’s stock in a transaction on Tuesday, November 4th. The stock was acquired at an average cost of GBX 650 per share, for a total transaction of £49,400. Company insiders own 15.25% of the company’s stock.

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).