HSS Hire Group (LON:HSS) Stock Crosses Below 50 Day Moving Average of $32.21

HSS Hire Group PLC (LON:HSS)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $32.21 and traded as low as $30.80. HSS Hire Group shares last traded at $32.20, with a volume of 1,915 shares traded.

Several brokerages have recently weighed in on HSS. Numis Securities raised HSS Hire Group to an “add” rating and lifted their price objective for the stock from GBX 33 ($0.43) to GBX 37 ($0.48) in a report on Thursday, May 23rd. Liberum Capital decreased their price objective on HSS Hire Group from GBX 36 ($0.47) to GBX 34 ($0.44) and set a “hold” rating on the stock in a report on Friday, September 6th.

The company has a market cap of $54.81 million and a price-to-earnings ratio of 5.11. The company has a fifty day moving average price of GBX 32.17 and a two-hundred day moving average price of GBX 34.97. The company has a current ratio of 1.26, a quick ratio of 1.09 and a debt-to-equity ratio of 237.53.

HSS Hire Group Company Profile (LON:HSS)

HSS Hire Group plc offers tool and equipment hire, and related services in the United Kingdom and the Republic of Ireland. It operates through Rental and related revenue; and Services segments. The company provides tools, equipment, and hire-related services to businesses, and trade and DIY customers; supplies, fits, manages, and services diesel generators for power generation needs; provides cleaning equipment solutions for contract cleaners; and supplies specialist support for powered access equipment, including scissor lifts, telehandlers, and propelled booms.

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