HSS Hire Group (LON:HSS) Stock Passes Above Fifty Day Moving Average of $8.54

HSS Hire Group plc (LON:HSS)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 8.54 ($0.11) and traded as high as GBX 9.90 ($0.12). HSS Hire Group shares last traded at GBX 9.80 ($0.12), with a volume of 1,524,878 shares traded.

HSS Hire Group Stock Performance

The company’s 50-day moving average price is GBX 8.54 and its 200 day moving average price is GBX 9.83. The company has a debt-to-equity ratio of 77.48, a quick ratio of 1.10 and a current ratio of 1.17. The stock has a market capitalization of £69.09 million, a PE ratio of 980.00 and a beta of 0.21.

HSS Hire Group Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, July 2nd. Stockholders of record on Thursday, May 23rd will be given a GBX 0.38 ($0.00) dividend. This represents a dividend yield of 4.6%. This is a boost from HSS Hire Group’s previous dividend of $0.18. The ex-dividend date is Thursday, May 23rd. HSS Hire Group’s dividend payout ratio (DPR) is currently 10,000.00%.

About HSS Hire Group

HSS Hire Group plc, together with its subsidiaries, provides tool and equipment hire, and related services in the United Kingdom and the Republic of Ireland. The company operates through Rental and Related Revenue; and Services segments. It offers tools and equipment, including powered access and power generation equipment; and engages in the resale of fuel and other consumables, as well as provision of transport and other ancillary services.