Hargreaves Services (LON:HSP) Issues Earnings Results

Hargreaves Services (LON:HSP) posted 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 Price Performance

Hargreaves Services stock opened at GBX 630 ($7.82) on Friday. The stock has a market capitalization of £207.65 million, a price-to-earnings ratio of 1,702.70 and a beta of 0.85. Hargreaves Services has a 52-week low of GBX 460 ($5.71) and a 52-week high of GBX 664.94 ($8.26). The company has a debt-to-equity ratio of 17.78, a quick ratio of 0.82 and a current ratio of 2.06. The stock’s 50 day moving average price is GBX 583.12 and its two-hundred day moving average price is GBX 575.15.

Insider Activity

In other news, insider David Anderson purchased 2,789 shares of the business’s stock in a transaction on Friday, November 8th. The shares were acquired at an average price of GBX 564 ($7.00) per share, for a total transaction of £15,729.96 ($19,535.47). 13.13% of the stock is currently owned by company insiders.

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).