Hargreaves Services (LON:HSP) Share Price Passes Above Two Hundred Day Moving Average - Time to Sell?

Hargreaves Services Plc (LON:HSP - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 562.24 ($7.32) and traded as high as GBX 590 ($7.68). Hargreaves Services shares last traded at GBX 556 ($7.24), with a volume of 26,346 shares traded.

Hargreaves Services Trading Up 2.5 %

The firm has a market cap of £187.87 million, a price-to-earnings ratio of 1,540.54 and a beta of 0.85. 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 558.74 and a 200-day moving average price of GBX 562.31.

Insider Activity

In related news, insider David Anderson purchased 6,745 shares of the company's stock in a transaction that occurred on Friday, August 23rd. The stock was acquired at an average price of GBX 601 ($7.82) per share, for a total transaction of £40,537.45 ($52,769.40). In other news, insider David Anderson acquired 6,745 shares of Hargreaves Services stock in a transaction that occurred on Friday, August 23rd. The shares were purchased at an average cost of GBX 601 ($7.82) per share, for a total transaction of £40,537.45 ($52,769.40). Also, insider Stephen Craigen sold 2,652 shares of the stock in a transaction on Friday, September 13th. The stock was sold at an average price of GBX 582 ($7.58), for a total transaction of £15,434.64 ($20,091.96). Insiders own 13.13% of the company's stock.

Hargreaves Services Company Profile

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.