HSS Hire Group (LON:HSS) Shares Pass Below 50 Day Moving Average – Should You Sell?

Shares of HSS Hire Group plc (LON:HSS) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 9.02 and traded as low as GBX 7.50. HSS Hire Group shares last traded at GBX 7.91, with a volume of 1,278,430 shares trading hands.

HSS Hire Group Trading Down 4.7%

The firm has a market cap of £56.49 million, a P/E ratio of -15.51 and a beta of 0.27. The company has a debt-to-equity ratio of 70.34, a quick ratio of 1.10 and a current ratio of 1.14. The firm has a fifty day moving average of GBX 9.02 and a 200-day moving average of GBX 8.81.

HSS Hire Group (LON:HSS) last issued its earnings results on Monday, October 6th. The company reported GBX (0.71) earnings per share for the quarter. HSS Hire Group had a negative return on equity of 2.00% and a negative net margin of 1.03%. Equities research analysts forecast that HSS Hire Group plc will post 2.5 earnings per share for the current year.

About HSS Hire Group

HSS operates through two separate but complementary businesses serving predominantly business customers:

HSS ProService (“ProService”) is the leading digital marketplace business focussed on customer and supplier acquisition. Technology driven, scalable and uniquely differentiated, ProService is a one-stop-shop providing a wide range of building-related product and services for over 7,000 active account customers per month, in product verticals including equipment hire, training, fuel, equipment sales and building materials.