Hargreaves Services (LON:HSP) Stock Price Passes Above 200 Day Moving Average of $453.64

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 453.64 ($5.73) and traded as high as GBX 518 ($6.55). Hargreaves Services shares last traded at GBX 498 ($6.29), with a volume of 181,174 shares.

Hargreaves Services Price Performance

The firm has a market capitalization of £162.95 million, a P/E ratio of 1,310.53 and a beta of 0.94. The firm has a 50-day moving average of GBX 496.49 and a 200-day moving average of GBX 453.64. The company has a debt-to-equity ratio of 14.58, a quick ratio of 0.82 and a current ratio of 1.65.

Hargreaves Services Dividend Announcement

The company also recently declared a dividend, which will be paid on Thursday, April 11th. Shareholders of record on Thursday, March 21st will be given a GBX 18 ($0.23) dividend. The ex-dividend date of this dividend is Thursday, March 21st. This represents a dividend yield of 4.44%. Hargreaves Services’s payout ratio is currently 6,315.79%.

Insider Buying and Selling

In other Hargreaves Services news, insider Roger McDowell sold 74,757 shares of Hargreaves Services stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of GBX 521 ($6.58), for a total value of £389,483.97 ($492,207.72). In other Hargreaves Services news, insider David Anderson bought 5,285 shares of the company’s stock in a transaction on Tuesday, January 30th. The stock was acquired at an average price of GBX 462 ($5.84) per share, for a total transaction of £24,416.70 ($30,856.44). Also, insider Roger McDowell sold 74,757 shares of the stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of GBX 521 ($6.58), for a total value of £389,483.97 ($492,207.72). 13.06% of the stock is owned by insiders.

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.