Hargreaves Services (LON:HSP) Posts Quarterly Earnings Results

Hargreaves Services (LON:HSP) issued its earnings results on Wednesday. The company reported GBX 33.38 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Hargreaves Services had a return on equity of 6.30% and a net margin of 5.81%.

Hargreaves Services Stock Performance

Shares of Hargreaves Services stock traded up GBX 59.12 on Wednesday, reaching GBX 729.12. 93,441 shares of the stock were exchanged, compared to its average volume of 43,949. The business has a 50 day moving average price of GBX 655.65 and a two-hundred day moving average price of GBX 695.38. The firm has a market capitalization of £241.02 million, a price-to-earnings ratio of 16.54 and a beta of 0.85. Hargreaves Services has a twelve month low of GBX 479.50 and a twelve month high of GBX 798. The company has a quick ratio of 0.82, a current ratio of 2.06 and a debt-to-equity ratio of 17.75.

Insider Buying and Selling

In other Hargreaves Services news, insider Gordon Frank Colenso Banham acquired 7,600 shares of the company’s stock in a transaction dated Tuesday, November 4th. The shares were acquired at an average cost of GBX 650 per share, with a total value of £49,400. Insiders own 15.27% 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). 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.