Hargreaves Services (LON:HSP) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

by · The Cerbat Gem

Hargreaves Services Plc (LON:HSPGet Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 704.07 and traded as high as GBX 814. Hargreaves Services shares last traded at GBX 788, with a volume of 47,944 shares traded.

Hargreaves Services Stock Performance

The company has a debt-to-equity ratio of 33.96, a current ratio of 2.24 and a quick ratio of 0.82. The stock has a market cap of £260.49 million, a PE ratio of 12.12 and a beta of 0.59. The business has a 50 day moving average price of GBX 770.04 and a two-hundred day moving average price of GBX 704.03.

Hargreaves Services (LON:HSPGet Free Report) last issued its earnings results on Wednesday, January 28th. The company reported GBX 33.38 EPS for the quarter. Hargreaves Services had a net margin of 6.77% and a return on equity of 11.00%. As a group, equities research analysts forecast that Hargreaves Services Plc will post 42.9487179 EPS for the current fiscal year.

Hargreaves Services Company Profile

(Get Free Report)

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.

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