Hargreaves Services (LON:HSP) Releases Earnings Results

Hargreaves Services (LON:HSP) released its earnings results on Wednesday. The company reported GBX 33.38 earnings per share for the quarter, Digital Look Earnings reports. Hargreaves Services had a return on equity of 6.30% and a net margin of 5.81%.

Hargreaves Services Trading Up 0.1%

HSP stock opened at GBX 741 on Friday. The company has a quick ratio of 0.82, a current ratio of 2.06 and a debt-to-equity ratio of 17.75. Hargreaves Services has a twelve month low of GBX 479.50 and a twelve month high of GBX 798. The stock has a market capitalization of £244.95 million, a price-to-earnings ratio of 16.81 and a beta of 0.85. The firm’s fifty day simple moving average is GBX 659.41 and its two-hundred day simple moving average is GBX 695.82.

Insider Activity

In other news, insider Gordon Frank Colenso Banham acquired 7,600 shares of Hargreaves Services stock in a transaction that occurred on Tuesday, November 4th. The shares were bought at an average cost of GBX 650 per share, with a total value of £49,400. Company insiders own 15.27% of the company’s stock.

About Hargreaves Services

Hargreaves Services plc is a diversified group delivering services to the industrial and property sectors, supporting key industries within the UK and South East Asia. The Company’s three business segments are Services, Hargreaves Land and an investment in a German joint venture, Hargreaves Raw Materials Services GmbH (HRMS). Services provides critical support to many core industries including Energy, Environmental, UK Infrastructure and certain manufacturing industries through the provision of materials handling, mechanical and electrical contracting services, logistics and major earthworks.