Hargreaves Services (LON:HSP) Shares Pass Above 200-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 traded.

Hargreaves Services Trading Up 2.1 %

The stock has a 50 day simple moving average of GBX 577.58 and a 200-day simple moving average of GBX 553.08. 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 capitalization of £198.20 million, a P/E ratio of 1,587.98 and a beta of 0.85.

Hargreaves Services Dividend Announcement

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

Insider Activity

In related news, insider David Anderson acquired 6,745 shares of the firm’s stock in a transaction dated Friday, August 23rd. The shares were purchased at an average price of GBX 601 ($7.90) per share, with a total value of £40,537.45 ($53,303.68). Insiders own 13.06% 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.