Hargreaves Services (LON:HSP) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Hargreaves Services Plc (LON:HSP) shares crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 562.24 ($7.32) and traded as high as GBX 590 ($7.68). Hargreaves Services shares last traded at GBX 556 ($7.24), with a volume of 26,346 shares trading hands.

Hargreaves Services Trading Up 2.0 %

The firm has a market cap of £186.84 million, a P/E ratio of 1,502.70 and a beta of 0.85. The company’s 50 day moving average is GBX 559.06 and its two-hundred day moving average is GBX 562.24. The company has a debt-to-equity ratio of 17.78, a current ratio of 2.06 and a quick ratio of 0.82.

Insiders Place Their Bets

In other news, insider Stephen Craigen sold 2,652 shares of the business’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of GBX 582 ($7.58), for a total transaction of £15,434.64 ($20,091.96). In other news, insider Stephen Craigen sold 2,652 shares of Hargreaves Services stock in a transaction dated Friday, September 13th. The shares were sold at an average price of GBX 582 ($7.58), for a total transaction of £15,434.64 ($20,091.96). Also, insider David Anderson purchased 6,745 shares of the company’s stock in a transaction that occurred on Friday, August 23rd. The stock was acquired at an average cost of GBX 601 ($7.82) per share, with a total value of £40,537.45 ($52,769.40). Corporate insiders own 13.13% of the company’s stock.

About Hargreaves Services

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.