HSBC Downgrades Hays (OTCMKTS:HAYPY) to Hold

Hays (OTCMKTS:HAYPY – Get Rating) was downgraded by equities researchers at HSBC from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday, The Fly reports.

Hays Stock Performance

Shares of HAYPY stock opened at $14.80 on Thursday. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.18. Hays has a one year low of $11.70 and a one year high of $18.05. The company’s 50-day simple moving average is $14.62 and its 200-day simple moving average is $13.36.

About Hays

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Hays plc engages in the provision of recruitment and office support services. It operates through the following geographical segments: Australia and New Zealand, Germany, United Kingdom and Ireland, and the Rest of the World. The company was founded by Denis R. Waxman in 1968 and is headquartered in London, the United Kingdom.