HSS Hire Group (LON:HSS) Sets New 52-Week High - What's Next?

Key Points

• HSS Hire Group shares reached a new 52-week high of GBX 9.88 ($0.13) during trading, closing at GBX 9.10 ($0.12) with a volume of 613,024 shares traded.
• The company has a market capitalization of £62.89 million and a price-to-earnings ratio of -27.42, indicating some financial challenges despite the stock performance.
• HSS operates through two main businesses: the technology-driven HSS ProService and the tool and equipment hire services provided by The Hire Services Company in the UK and Ireland.

HSS Hire Group plc (LON:HSS - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 9.88 ($0.13) and last traded at GBX 9.10 ($0.12), with a volume of 613024 shares. The stock had previously closed at GBX 9 ($0.12).

HSS Hire Group Price Performance

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 company has a market capitalization of £65.30 million, a PE ratio of -28.48 and a beta of 0.27. The company's 50-day simple moving average is GBX 8.33 and its 200-day simple moving average is GBX 7.17.

About HSS Hire Group

HSS Hire Group plc operates through two separate but complementary businesses serving predominately business customers: HSS ProService is the leading Digital marketplace business focussed on customer and supplier acquisition. Technology driven, scalable and uniquely differentiated. Wide range of building services, including hire, resale, materials, training and more The Hire Services Company (“HSC”) formerly known as HSS Operations, which includes HSS Ireland, provides tool and equipment hire and related services in the UK and Ireland through a nationwide network of Group companies and third-party suppliers.