Hays (LON:HAS) Reaches New 12-Month Low – Here’s Why

Hays plc (LON:HAS)’s share price reached a new 52-week low on Wednesday . The company traded as low as GBX 50.95 and last traded at GBX 50.95, with a volume of 2097902 shares traded. The stock had previously closed at GBX 51.70.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada restated an “outperform” rating on shares of Hays in a research note on Monday, October 13th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Hays has an average rating of “Moderate Buy” and a consensus target price of GBX 79.

Hays Price Performance

The stock has a fifty day simple moving average of GBX 55.35 and a two-hundred day simple moving average of GBX 59.19. The company has a market cap of £786.33 million, a PE ratio of -100.37, a price-to-earnings-growth ratio of 0.24 and a beta of 1.13. The company has a current ratio of 1.32, a quick ratio of 1.31 and a debt-to-equity ratio of 43.81.

Insider Activity at Hays

In other Hays news, insider Anthony Kirby purchased 10,000 shares of the firm’s stock in a transaction that occurred on Monday, November 10th. The shares were purchased at an average cost of GBX 58 per share, for a total transaction of £5,800. 0.76% of the stock is owned by corporate insiders.

About Hays