Hargreaves Services (LON:HSP) Stock Price Passes Above Two Hundred Day Moving Average of $552.82

Hargreaves Services Plc (LON:HSP)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 552.82 ($7.27) and traded as high as GBX 608 ($7.99). Hargreaves Services shares last traded at GBX 590 ($7.76), with a volume of 11,926 shares changing hands.

Hargreaves Services Price Performance

The company has a debt-to-equity ratio of 17.78, a quick ratio of 0.82 and a current ratio of 2.06. The company’s 50 day moving average price is GBX 578.73 and its 200 day moving average price is GBX 553.37. The company has a market cap of £196.14 million, a price-to-earnings ratio of 1,605.41 and a beta of 0.85.

Hargreaves Services Dividend Announcement

The company also recently announced a dividend, which will be paid on Monday, November 4th. Stockholders of record on Thursday, September 26th will be paid a GBX 18 ($0.24) dividend. The ex-dividend date is Thursday, September 26th. This represents a dividend yield of 3.33%. Hargreaves Services’s dividend payout ratio is presently 9,729.73%.

Insider Activity

In other news, insider David Anderson bought 6,745 shares of Hargreaves Services stock in a transaction dated Friday, August 23rd. The shares were bought at an average price of GBX 601 ($7.90) per share, for a total transaction of £40,537.45 ($53,303.68). 13.06% of the stock is owned by corporate insiders.

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.