Hays (LON:HAS) Reaches New 1-Year Low – Time to Sell?

Hays plc (LON:HAS)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 45.12 and last traded at GBX 45.12, with a volume of 1963146 shares. The stock had previously closed at GBX 46.40.

Analyst Ratings Changes

Several brokerages recently issued reports on HAS. Royal Bank Of Canada reissued an “outperform” rating on shares of Hays in a research note on Monday, October 13th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Hays from GBX 100 to GBX 90 and set a “buy” rating for the company in a research note on Wednesday, January 14th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Hays presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 81.20.

Hays Price Performance

The stock’s fifty day simple moving average is GBX 54.43 and its 200 day simple moving average is GBX 58.53. The company has a debt-to-equity ratio of 43.81, a current ratio of 1.32 and a quick ratio of 1.31. The firm has a market capitalization of £707.29 million, a P/E ratio of -90.28, a P/E/G ratio of 0.24 and a beta of 1.13.

Insiders Place Their Bets

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

Hays Company Profile