Insider Selling: Hargreaves Services (LON:HSP) Insider Sells £902,000 in Stock

Hargreaves Services Plc (LON:HSP) insider Nicholas Mills sold 110,000 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of GBX 820, for a total value of £902,000.

Nicholas Mills also recently made the following trade(s):

• On Friday, August 14th, Nicholas Mills sold 490,000 shares of Hargreaves Services stock. The shares were sold at an average price of GBX 820, for a total value of £4,018,000.
• On Thursday, June 25th, Nicholas Mills bought 12,690 shares of Hargreaves Services stock. The shares were acquired at an average price of GBX 814 per share, for a total transaction of £103,296.60.
• On Thursday, June 25th, Nicholas Mills sold 410 shares of Hargreaves Services stock. The stock was sold at an average price of GBX 808, for a total transaction of £3,312.80.

Hargreaves Services Stock Performance

Shares of Hargreaves Services stock opened at GBX 818 on Friday. The firm’s fifty day simple moving average is GBX 803.27 and its 200-day simple moving average is GBX 790.25. Hargreaves Services Plc has a 12 month low of GBX 588 and a 12 month high of GBX 850. The stock has a market capitalization of £251.17 million, a price-to-earnings ratio of 8.89 and a beta of 0.59. The company has a debt-to-equity ratio of 20.58, a current ratio of 2.00 and a quick ratio of 0.82.

Hargreaves Services (LON:HSP) last released its quarterly earnings results on Wednesday, July 29th. The company reported GBX 79.10 earnings per share for the quarter. Hargreaves Services had a net margin of 8.74% and a return on equity of 15.42%. As a group, equities analysts forecast that Hargreaves Services Plc will post 42.9487179 earnings per share for the current year.

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.