Hargreaves Lansdown (LON:HL) Share Price Crosses Above 200-Day Moving Average – Time to Sell?

Hargreaves Lansdown plc (LON:HL) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1,055.76 ($13.31) and traded as high as GBX 1,093.50 ($13.78). Hargreaves Lansdown shares last traded at GBX 1,092.50 ($13.77), with a volume of 878,414 shares changing hands.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “buy” rating on shares of Hargreaves Lansdown in a research note on Friday, August 9th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, Hargreaves Lansdown currently has an average rating of “Hold” and a consensus price target of GBX 1,048.20 ($13.21).

Hargreaves Lansdown Stock Performance

The stock has a market cap of £5.17 billion, a PE ratio of 1,759.68, a P/E/G ratio of 4.22 and a beta of 0.66. The company has a debt-to-equity ratio of 1.05, a current ratio of 2.15 and a quick ratio of 2.04. The stock has a 50-day simple moving average of GBX 1,095.41 and a 200-day simple moving average of GBX 1,057.93.

About Hargreaves Lansdown

Hargreaves Lansdown plc provides investment services for individuals and corporates in the United Kingdom and Poland. The company offers stocks and shares individual savings accounts (ISAs), fund and share accounts, and junior and lifetime ISAs. It also provides pension services, including self-invested personal pensions (SIPP), junior SIPPs, annuities, and drawdown; share dealing services; fund dealing; and cash management services.