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Hays (LON:HAS) Trading Down 12% - Time to Sell?

Hays logo with Industrials background

Hays plc (LON:HAS - Get Free Report)'s stock price dropped 12% during mid-day trading on Thursday . The company traded as low as GBX 55.70 ($0.75) and last traded at GBX 61.82 ($0.83). Approximately 10,272,881 shares changed hands during trading, an increase of 72% from the average daily volume of 5,966,650 shares. The stock had previously closed at GBX 70.22 ($0.94).

Hays Stock Performance

The company has a current ratio of 1.32, a quick ratio of 1.31 and a debt-to-equity ratio of 43.81. The stock has a market cap of £1.04 billion, a price-to-earnings ratio of -211.25, a price-to-earnings-growth ratio of 0.24 and a beta of 1.13. The stock's 50-day simple moving average is GBX 71.07 and its 200-day simple moving average is GBX 74.62.

Insider Activity at Hays

In other news, insider Michael Findlay bought 34,382 shares of the firm's stock in a transaction on Thursday, June 19th. The shares were purchased at an average cost of GBX 58 ($0.78) per share, with a total value of £19,941.56 ($26,770.79). 0.54% of the stock is currently owned by corporate insiders.

About Hays

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