HSS Hire Group (LON:HSS) Shares Down 17% - Should You Sell?

Key Points

• HSS Hire Group plc's stock fell 17% on Tuesday, closing at GBX 7.27 ($0.10) after trading as low as GBX 7.02 ($0.09).
• Over 3 million shares were traded, marking a 170% increase compared to the average daily volume.
• The company has a market cap of £51.71 million and a PE ratio of -1,419.61, indicating significant challenges in profitability.

HSS Hire Group plc (LON:HSS - )'s stock price was down 17% on Tuesday . The company traded as low as GBX 7.02 ($0.09) and last traded at GBX 7.27 ($0.10). Approximately 3,044,355 shares traded hands during trading, an increase of 170% from the average daily volume of 1,126,219 shares. The stock had previously closed at GBX 8.75 ($0.12).

HSS Hire Group Stock Performance

The stock has a market cap of £51.71 million, a PE ratio of -1,419.61 and a beta of 0.27. The company has a debt-to-equity ratio of 70.34, a current ratio of 1.14 and a quick ratio of 1.10. The business has a 50 day moving average price of GBX 9.12 and a two-hundred day moving average price of GBX 7.90.

About HSS Hire Group

HSS Hire Group plc operates through two separate but complementary businesses serving predominantly business customers: HSS ProService ("Pro") is the leading Digital marketplace business focussed on customer and supplier acquisition. Technology driven, scalable and uniquely differentiated, Pro is a one-stop-shop providing a wide range of building-related product and services for its c.3,000 customers, in product verticals including equipment hire, training, fuel, equipment sales and building materials.

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