Hargreaves Lansdown (LON:HL) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Hargreaves Lansdown plc (LON:HL)’s share price 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.

Analyst Ratings Changes

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

Hargreaves Lansdown Stock Performance

The business has a 50-day moving average of GBX 1,095.41 and a 200 day moving average of GBX 1,055.76. 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 company has a market cap of £5.17 billion, a PE ratio of 1,762.10, a PEG ratio of 4.22 and a beta of 0.66.

Hargreaves Lansdown Company Profile

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.