HSS Hire Group (LON:HSS) Share Price Crosses Above 50 Day Moving Average of $8.45

HSS Hire Group plc (LON:HSS)’s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 8.45 ($0.11) and traded as high as GBX 8.98 ($0.11). HSS Hire Group shares last traded at GBX 8.50 ($0.11), with a volume of 545,307 shares.

HSS Hire Group Stock Up 1.2 %

The company has a 50 day moving average of GBX 8.45 and a 200-day moving average of GBX 9.88. The company has a market capitalization of £60.63 million, a P/E ratio of 296.73 and a beta of 0.19. The company has a debt-to-equity ratio of 77.99, a current ratio of 1.21 and a quick ratio of 1.10.

HSS Hire Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, July 2nd. Investors of record on Thursday, May 23rd will be issued a dividend of GBX 0.38 ($0.00) per share. This represents a dividend yield of 4.6%. The ex-dividend date is Thursday, May 23rd. This is an increase from HSS Hire Group’s previous dividend of $0.18. HSS Hire Group’s dividend payout ratio is currently 3,333.33%.

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.