Hays (LON:HAS) Share Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Hays plc (LON:HAS)’s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 60.31 and traded as low as GBX 53.10. Hays shares last traded at GBX 55.90, with a volume of 3,086,530 shares.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Royal Bank Of Canada reissued an “outperform” rating on shares of Hays in a research note on Monday, October 13th. Jefferies Financial Group cut their price objective on shares of Hays from GBX 85 to GBX 61 and set a “hold” rating for the company in a report on Thursday, September 11th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Hays currently has a consensus rating of “Moderate Buy” and an average target price of GBX 79.

Hays Stock Performance

The firm has a fifty day moving average price of GBX 56.53 and a 200 day moving average price of GBX 60.31. The company has a current ratio of 1.32, a quick ratio of 1.31 and a debt-to-equity ratio of 43.81. The firm has a market cap of £893.77 million, a PE ratio of -114.08, a price-to-earnings-growth ratio of 0.24 and a beta of 1.13.

Insiders Place Their Bets

In other news, insider Anthony Kirby purchased 10,000 shares of the company’s stock in a transaction dated Monday, November 10th. The stock was acquired at an average price of GBX 58 per share, with a total value of £5,800. 0.76% of the stock is owned by insiders.

Hays Company Profile