Hays (LON:HAS) Shares Down 7.9% – What’s Next?

Hays plc (LON:HAS)’s share price was down 7.9% on Friday . The stock traded as low as GBX 39.64 and last traded at GBX 41.30. Approximately 1,447,276 shares traded hands during trading, a decline of 87% from the average daily volume of 10,738,192 shares. The stock had previously closed at GBX 44.86.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft cut their price target 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 equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 81.20.

Hays Price Performance

The stock has a market capitalization of £648.44 million, a P/E ratio of -82.77, a PEG ratio of 0.24 and a beta of 1.13. The company’s 50 day simple moving average is GBX 48.93 and its two-hundred day simple moving average is GBX 54.77. The company has a debt-to-equity ratio of 43.81, a current ratio of 1.32 and a quick ratio of 1.31.

Hays (LON:HAS) last announced its quarterly earnings data on Friday, February 27th. The company reported GBX 0.46 earnings per share for the quarter. Hays had a negative return on equity of 0.84% and a negative net margin of 0.07%. As a group, equities analysts expect that Hays plc will post 4.0966184 EPS for the current fiscal year.

About Hays