Hargreaves Services (LON:HSP) Reaches New 52-Week High – Here’s What Happened

Hargreaves Services Plc (LON:HSP) reached a new 52-week high on Friday . The stock traded as high as GBX 840 and last traded at GBX 820, with a volume of 23966 shares changing hands. The stock had previously closed at GBX 804.

Hargreaves Services Stock Performance

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 cap of £251.78 million, a price-to-earnings ratio of 12.61 and a beta of 0.59. The company has a fifty day moving average of GBX 777.55 and a two-hundred day moving average of GBX 719.25.

Insider Activity at Hargreaves Services

In related news, 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 transaction of £1,694,050. Also, 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. Insiders have sold a total of 233,578 shares of company stock worth $198,541,300 over the last 90 days. 15.27% of the stock is currently owned by company 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.