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

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

Hargreaves Services Trading Up 6.4 %

Hargreaves Services stock opened at GBX 598 ($7.95) on Friday. The stock has a 50-day moving average price of GBX 630.71 and a 200 day moving average price of GBX 594.46. The company has a market capitalization of £201.86 million, a price-to-earnings ratio of 16.37 and a beta of 0.85. Hargreaves Services Plc has a 52 week low of GBX 479.50 ($6.38) and a 52 week high of GBX 720 ($9.57). The company has a quick ratio of 0.82, a current ratio of 2.06 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%. Sell-side analysts anticipate that Hargreaves Services Plc will post 42.9487179 EPS for the current year.

Hargreaves Services Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 8th. Shareholders of record on Thursday, March 20th were given a dividend of GBX 18.50 ($0.25) per share. This is an increase from Hargreaves Services’s previous dividend of $18.00. This represents a yield of 2.77%. The ex-dividend date was Thursday, March 20th. Hargreaves Services’s dividend payout ratio (DPR) is currently 98.58%.

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).