HSS Hire Group (LON:HSS) Stock Price Down 1.4% – What’s Next?

Shares of HSS Hire Group plc (LON:HSS) dropped 1.4% during mid-day trading on Friday. The company traded as low as GBX 6.90 and last traded at GBX 7.29. Approximately 456,127 shares were traded during trading, a decline of 64% from the average daily volume of 1,256,459 shares. The stock had previously closed at GBX 7.39.

HSS Hire Group Price Performance

The firm has a market cap of £52.07 million, a P/E ratio of -14.29 and a beta of 0.27. The business’s fifty day simple moving average is GBX 7.29 and its 200-day simple moving average is GBX 7.29. The company has a current ratio of 1.15, a quick ratio of 1.10 and a debt-to-equity ratio of 242.58.

HSS Hire Group Company Profile

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.