Hargreaves Services Plc (LON:HSP - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 561.25 ($7.51) and traded as high as GBX 578 ($7.73). Hargreaves Services shares last traded at GBX 546 ($7.30), with a volume of 76,510 shares trading hands.
The company has a current ratio of 2.06, a quick ratio of 0.82 and a debt-to-equity ratio of 17.78. The firm has a market cap of £179.96 million, a P/E ratio of 1,475.68 and a beta of 0.85. The stock has a 50 day simple moving average of GBX 591.05 and a 200-day simple moving average of GBX 561.25.
The firm also recently declared a dividend, which will be paid on Monday, November 4th. Investors of record on Thursday, September 26th will be paid a dividend of GBX 18 ($0.24) per share. This represents a yield of 3.33%. The ex-dividend date of this dividend is Thursday, September 26th. Hargreaves Services's payout ratio is 9,729.73%.
In related news, insider Stephen Craigen sold 2,652 shares of the stock in a transaction dated Friday, September 13th. The shares were sold at an average price of GBX 582 ($7.78), for a total value of £15,434.64 ($20,645.59). In other news, insider David Anderson bought 6,745 shares of Hargreaves Services stock in a transaction dated Friday, August 23rd. The shares were acquired at an average price of GBX 601 ($8.04) per share, with a total value of £40,537.45 ($54,223.45). Also, insider Stephen Craigen sold 2,652 shares of Hargreaves Services stock in a transaction dated Friday, September 13th. The stock was sold at an average price of GBX 582 ($7.78), for a total transaction of £15,434.64 ($20,645.59). Corporate insiders own 13.13% of the company's stock.
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.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Hargreaves Services, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hargreaves Services wasn't on the list.
While Hargreaves Services currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.