Stephen Craigen Acquires 2,842 Shares of Hargreaves Services Plc (LON:HSP) Stock

Hargreaves Services Plc (LON:HSP) insider Stephen Craigen bought 2,842 shares of the stock in a transaction dated Thursday, April 17th. The shares were acquired at an average price of GBX 563 ($7.49) per share, with a total value of £16,000.46 ($21,274.38).

Hargreaves Services Trading Up 6.4 %

Hargreaves Services stock opened at GBX 598 ($7.95) on Friday. Hargreaves Services Plc has a 12 month low of GBX 479.50 ($6.38) and a 12 month high of GBX 720 ($9.57). The company has a market capitalization of £201.86 million, a price-to-earnings ratio of 16.37 and a beta of 0.85. The business’s fifty day simple moving average is GBX 630.71 and its two-hundred day simple moving average is GBX 594.08. The company has a current ratio of 2.06, a quick ratio of 0.82 and a debt-to-equity ratio of 17.75.

Hargreaves Services (LON:HSP) last announced its quarterly earnings data on Wednesday, January 29th. The company reported GBX 12.23 ($0.16) EPS for the quarter. Hargreaves Services had a net margin of 5.81% and a return on equity of 6.30%. As a group, equities analysts predict that Hargreaves Services Plc will post 42.9487179 earnings per share for the current fiscal year.

Hargreaves Services Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, April 8th. Investors of record on Thursday, March 20th were given a GBX 18.50 ($0.25) dividend. The ex-dividend date of this dividend was Thursday, March 20th. This is a boost from Hargreaves Services’s previous dividend of $18.00. This represents a yield of 2.77%. Hargreaves Services’s dividend payout ratio is 98.58%.

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).