Hargreaves Services (LON:HSP) Stock Price Up 1% - Should You Buy?

Hargreaves Services Plc (LON:HSP - Get Free Report) shares traded up 1% during mid-day trading on Tuesday . The company traded as high as GBX 606 ($7.73) and last traded at GBX 586 ($7.48). 77,867 shares traded hands during mid-day trading, an increase of 87% from the average session volume of 41,725 shares. The stock had previously closed at GBX 580 ($7.40).

Hargreaves Services Stock Performance

The company has a quick ratio of 0.82, a current ratio of 2.06 and a debt-to-equity ratio of 17.78. The business has a 50 day moving average price of GBX 550.67 and a 200 day moving average price of GBX 563.50. The stock has a market cap of £195.78 million, a P/E ratio of 1,605.41 and a beta of 0.85.

Insiders Place Their Bets

In other Hargreaves Services 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 ($7.42), for a total transaction of £15,434.64 ($19,689.55). Also, insider David Anderson purchased 2,789 shares of Hargreaves Services stock in a transaction dated Friday, November 8th. The stock was acquired at an average price of GBX 564 ($7.19) per share, with a total value of £15,729.96 ($20,066.28). Insiders own 13.13% of the company's stock.

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.