Hargreaves Services (LON:HSP) Announces Quarterly Earnings Results

Hargreaves Services (LON:HSP) released its quarterly earnings data on Wednesday. The company reported GBX 12.23 ($0.15) earnings per share for the quarter, Digital Look Earnings reports. Hargreaves Services had a return on equity of 6.22% and a net margin of 5.82%.

Hargreaves Services Trading Down 1.5 %

Hargreaves Services stock traded down GBX 10 ($0.12) during trading hours on Friday, reaching GBX 638 ($7.92). The stock had a trading volume of 86,234 shares, compared to its average volume of 30,823. The company has a fifty day simple moving average of GBX 584.80 and a 200-day simple moving average of GBX 575.69. Hargreaves Services has a 52 week low of GBX 460 ($5.71) and a 52 week high of GBX 664.94 ($8.26). The stock has a market cap of £210.28 million, a PE ratio of 1,724.32 and a beta of 0.85. The company has a debt-to-equity ratio of 17.78, a current ratio of 2.06 and a quick ratio of 0.82.

Insider Activity

In related news, insider David Anderson acquired 2,789 shares of Hargreaves Services stock in a transaction on Friday, November 8th. The shares were acquired at an average cost of GBX 564 ($7.00) per share, with a total value of £15,729.96 ($19,535.47). Insiders own 13.13% of the company’s stock.

Hargreaves Services Company Profile

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).