Hargreaves Services (LON:HSP) Shares Cross Above 200-Day Moving Average – What’s Next?

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 587.78 ($7.41) and traded as high as GBX 700 ($8.82). Hargreaves Services shares last traded at GBX 674 ($8.50), with a volume of 17,434 shares.

Hargreaves Services Stock Performance

The firm has a market capitalization of £221.44 million, a PE ratio of 17.96 and a beta of 0.85. The company has a debt-to-equity ratio of 17.75, a current ratio of 2.06 and a quick ratio of 0.82. The business has a 50-day simple moving average of GBX 621.02 and a 200-day simple moving average of GBX 587.78.

Hargreaves Services (LON:HSP) last issued its quarterly earnings results on Wednesday, January 29th. The company reported GBX 12.23 ($0.15) earnings per share (EPS) for the quarter. Hargreaves Services had a return on equity of 6.30% and a net margin of 5.81%. Equities research analysts expect that Hargreaves Services Plc will post 42.9487179 earnings per share for the current fiscal year.

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).