Hargreaves Services (LON:HSP) Hits New 12-Month High – Should You Buy?

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

Hargreaves Services Trading Down 0.2%

The firm has a market capitalization of £278.80 million, a PE ratio of 9.87 and a beta of 0.56. The company has a debt-to-equity ratio of 20.58, a quick ratio of 0.82 and a current ratio of 2.00. The firm has a fifty day moving average of GBX 855.03 and a 200 day moving average of GBX 804.84.

Insider Transactions at Hargreaves Services

In other news, insider Nicholas Mills sold 800,000 shares of Hargreaves Services stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of GBX 876, for a total transaction of £7,008,000. Insiders have sold a total of 1,400,000 shares of company stock valued at $1,192,800,000 over the last three months. 43.17% of the stock is owned by company 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.