Hargreaves Services (LON:HSP) Posts Earnings Results

Hargreaves Services (LON:HSP) posted its quarterly earnings results on Wednesday. The company reported GBX 79.10 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Hargreaves Services had a net margin of 8.74% and a return on equity of 15.42%.

Hargreaves Services Trading Up 3.3%

Shares of HSP opened at GBX 822 on Friday. The company has a debt-to-equity ratio of 20.58, a quick ratio of 0.82 and a current ratio of 2.00. Hargreaves Services has a 52-week low of GBX 588 and a 52-week high of GBX 850. The firm has a market cap of £252.40 million, a price-to-earnings ratio of 12.65 and a beta of 0.86. The business’s fifty day moving average is GBX 800.46 and its 200-day moving average is GBX 776.32.

Insiders Place Their Bets

In other Hargreaves Services news, insider Roger McDowell sold 31,500 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of GBX 850, for a total transaction of £267,750. Also, insider Stephen Craigen sold 1,712 shares of the stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of GBX 850, for a total transaction of £14,552. Insiders sold a total of 233,988 shares of company stock valued at $198,872,580 over the last ninety days. 40.10% of the stock is owned by insiders.

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.