Hays (LON:HAS) Sets New 52-Week Low – Time to Sell?

Hays plc (LON:HAS)’s share price reached a new 52-week low during trading on Monday . The company traded as low as GBX 30.88 and last traded at GBX 31.36, with a volume of 28981217 shares trading hands. The stock had previously closed at GBX 31.50.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft dropped their price target on Hays from GBX 100 to GBX 90 and set a “buy” rating on the stock in a research note on Wednesday, January 14th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 81.20.

Hays Trading Down 1.4%

The company’s fifty day moving average is GBX 43.51 and its two-hundred day moving average is GBX 51.98. The company has a debt-to-equity ratio of 65.55, a quick ratio of 1.31 and a current ratio of 1.27. The company has a market cap of £496.40 million, a price-to-earnings ratio of -63.36, a P/E/G ratio of 0.24 and a beta of 0.75.

Hays (LON:HAS) last announced its quarterly earnings data on Friday, February 27th. The company reported GBX 0.46 EPS for the quarter. Hays had a negative net margin of 0.16% and a negative return on equity of 2.24%. On average, research analysts anticipate that Hays plc will post 4.0966184 EPS for the current year.

Insider Buying and Selling at Hays

In other Hays news, insider Cheryl Millington bought 5,000 shares of Hays stock in a transaction that occurred on Tuesday, March 3rd. The stock was purchased at an average price of GBX 39 per share, with a total value of £1,950. Also, insider Michael Findlay bought 25,500 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were acquired at an average price of GBX 39 per share, with a total value of £9,945. Company insiders own 0.76% of the company’s stock.

Hays Company Profile