HSS Hire Group (LON:HSS) Shares Down 8.8% - Time to Sell?

Key Points

• HSS Hire Group's shares experienced an 8.8% decline, trading at GBX 7.98 ($0.11) following a decrease from the previous closing price of GBX 8.75 ($0.12).
• The company has a market cap of £52.85 million and a significant price-to-earnings ratio of -1,450.98, indicating potential financial challenges.
• HSS Hire operates through two main businesses, with HSS ProService focusing on being a leading digital marketplace for building-related products and services.

Shares of HSS Hire Group plc (LON:HSS - ) fell 8.8% during mid-day trading on Tuesday . The stock traded as low as GBX 7.02 ($0.09) and last traded at GBX 7.98 ($0.11). 1,144,138 shares traded hands during mid-day trading, an increase of 3% from the average session volume of 1,116,165 shares. The stock had previously closed at GBX 8.75 ($0.12).

HSS Hire Group Trading Down 15.4%

The firm's fifty day moving average is GBX 9.12 and its 200-day moving average is GBX 7.90. The firm has a market cap of £52.85 million, a price-to-earnings ratio of -1,450.98 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.

HSS Hire Group Company Profile

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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