Hargreaves Services (LON:HSP) Stock Passes Above Two Hundred Day Moving Average of $556.21

Hargreaves Services Plc (LON:HSP)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 556.21 ($7.27) and traded as high as GBX 606 ($7.92). Hargreaves Services shares last traded at GBX 594 ($7.77), with a volume of 9,872 shares traded.

Hargreaves Services Stock Performance

The business’s 50-day simple moving average is GBX 586.13 and its two-hundred day simple moving average is GBX 556.45. The firm has a market cap of £194.17 million, a price-to-earnings ratio of 1,594.59 and a beta of 0.85. The company has a quick ratio of 0.82, a current ratio of 2.06 and a debt-to-equity ratio of 17.78.

Hargreaves Services Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Monday, November 4th. Shareholders of record on Thursday, September 26th will be given a GBX 18 ($0.24) dividend. The ex-dividend date is Thursday, September 26th. This represents a dividend yield of 3.33%. Hargreaves Services’s dividend payout ratio (DPR) is currently 9,729.73%.

Insiders Place Their Bets

In other news, insider David Anderson acquired 6,745 shares of the firm’s stock in a transaction on Friday, August 23rd. The stock was acquired at an average price of GBX 601 ($7.86) per share, for a total transaction of £40,537.45 ($53,010.92). Insiders own 13.06% of the company’s stock.

Hargreaves Services Company Profile

Hargreaves Services Plc provides environmental and industrial services in the United Kingdom, Southeast Asia, and South Africa. The company operates through: Services, Hargreaves Land, and Hargreaves Raw Materials Services segments. It offers environmental services, such as carbon sequestration and forestry creation, land remediation, land restoration and aftercare, geotechnical assessment, environmental site survey, and waste management services; materials handling operation and maintenance, mechanical and electrical maintenance, and project engineering services; and earthmoving advisory and contracting services, including soils treatment services.