Hargreaves Services (LON:HSP) Sets New 12-Month High – Time to Buy?

Hargreaves Services Plc (LON:HSP) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 830 and last traded at GBX 792, with a volume of 22589 shares trading hands. The stock had previously closed at GBX 812.

Hargreaves Services Trading Down 2.5%

The firm has a market cap of £261.81 million, a PE ratio of 12.18 and a beta of 0.59. The company has a quick ratio of 0.82, a current ratio of 2.24 and a debt-to-equity ratio of 33.96. The stock’s fifty day simple moving average is GBX 771.34 and its two-hundred day simple moving average is GBX 706.75.

Hargreaves Services (LON:HSP) last announced its quarterly earnings data on Wednesday, January 28th. The company reported GBX 33.38 earnings per share for the quarter. Hargreaves Services had a net margin of 6.77% and a return on equity of 11.00%. On average, sell-side analysts forecast that Hargreaves Services Plc will post 42.9487179 EPS 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). 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.