Hargreaves Services (LON:HSP) Stock Price Crosses Above 200-Day Moving Average of $398.81

Hargreaves Services Plc (LON:HSP – Get Rating) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 398.81 ($4.86) and traded as high as GBX 414 ($5.05). Hargreaves Services shares last traded at GBX 402 ($4.90), with a volume of 49,125 shares traded.

Hargreaves Services Price Performance

The company’s 50-day simple moving average is GBX 435.58 and its 200-day simple moving average is GBX 398.81. The stock has a market capitalization of £130.77 million, a P/E ratio of 321.60 and a beta of 1.00. The company has a debt-to-equity ratio of 15.60, a current ratio of 1.78 and a quick ratio of 0.82.

Hargreaves Services Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, April 6th. Stockholders of record on Thursday, March 23rd will be paid a dividend of GBX 3 ($0.04) per share. This represents a dividend yield of 0.68%. The ex-dividend date is Thursday, March 23rd. Hargreaves Services’s dividend payout ratio is presently 720.00%.

Hargreaves Services Company Profile

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Hargreaves Services plc, together with its subsidiaries, provides materials handling, mechanical and electrical contracting, logistics, and major earthmoving services for energy, environmental, infrastructure, and industrial sectors. It offers environmental services, such as carbon sequestration and forestry creation, land remediation, land restoration and aftercare, geotechnical assessment, environmental site survey, and waste services; logistics services; and mining and quarrying services.