HSS Hire Group (LON:HSS) Share Price Passes Above 50 Day Moving Average – Here’s Why

HSS Hire Group plc (LON:HSS) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 9.01 ($0.12) and traded as high as GBX 9.50 ($0.13). HSS Hire Group shares last traded at GBX 9.16 ($0.12), with a volume of 420,327 shares trading hands.

HSS Hire Group Price Performance

The firm has a market capitalization of £70.56 million, a PE ratio of -19.37 and a beta of 0.27. The business has a 50-day moving average of GBX 9.01 and a 200 day moving average of GBX 8.19. The company has a current ratio of 1.14, a quick ratio of 1.10 and a debt-to-equity ratio of 70.34.

HSS Hire Group (LON:HSS) last released its quarterly earnings results on Monday, October 6th. The company reported GBX (0.71) EPS for the quarter. HSS Hire Group had a negative net margin of 1.03% and a negative return on equity of 2.00%. As a group, research analysts anticipate that HSS Hire Group plc will post 2.5 EPS for the current fiscal year.

About HSS Hire Group

HSS Hire Group plc operates through two separate but complementary businesses serving predominantly business customers:
HSS ProService (“Pro”) is the leading Digital marketplace business focussed on customer and supplier acquisition. Technology driven, scalable and uniquely differentiated, Pro is a one-stop-shop providing a wide range of building-related product and services for its c.3,000 customers, in product verticals including equipment hire, training, fuel, equipment sales and building materials.