Hays (LON:HAS) Shares Up 11.4% – Time to Buy?

Hays plc (LON:HAS) shares shot up 11.4% on Friday . The company traded as high as GBX 85.10 ($1.10) and last traded at GBX 84.37 ($1.09). 5,629,431 shares traded hands during mid-day trading, a decline of 19% from the average session volume of 6,928,567 shares. The stock had previously closed at GBX 75.75 ($0.98).

Hays Stock Up 11.4 %

The stock’s 50 day simple moving average is GBX 74.82 and its two-hundred day simple moving average is GBX 80.56. The firm has a market cap of £1.33 billion, a P/E ratio of -270.65, a P/E/G ratio of 0.24 and a beta of 1.13. 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 posted its quarterly earnings results on Thursday, February 20th. The company reported GBX 0.19 ($0.00) 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, research analysts forecast that Hays plc will post 4.0966184 earnings per share for the current year.

Insider Transactions at Hays

In other news, insider Joe Hurd purchased 2,857 shares of the company’s stock in a transaction that occurred on Monday, February 24th. The shares were bought at an average price of GBX 70 ($0.91) per share, for a total transaction of £1,999.90 ($2,590.54). Insiders own 0.54% of the company’s stock.

About Hays