HSS Hire Group (LON:HSS) Shares Up 38.8% - Here's Why

HSS Hire Group plc (LON:HSS - Get Free Report) shares rose 38.8% during mid-day trading on Monday . The stock traded as high as GBX 11 ($0.15) and last traded at GBX 10.05 ($0.13). Approximately 8,824,009 shares were traded during mid-day trading, an increase of 656% from the average daily volume of 1,167,629 shares. The stock had previously closed at GBX 7.24 ($0.10).

HSS Hire Group Price Performance

The firm has a market capitalization of £71.78 million, a P/E ratio of -1,970.59 and a beta of 0.27. The business's 50-day simple moving average is GBX 8.95 and its 200 day simple moving average is GBX 7.94. The company has a quick ratio of 1.10, a current ratio of 1.14 and a debt-to-equity ratio of 70.34.

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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