HSS Hire Group (LON:HSS) Stock Crosses Above Fifty Day Moving Average - Here's What Happened

Key Points

• HSS Hire Group's stock price crossed above its 50-day moving average of GBX 8.73 during trading, reaching a high of GBX 8.90.
• The company has a market cap of £58.86 million and exhibits a high debt-to-equity ratio of 70.34, indicating potential financial risk.
• HSS Hire Group operates through two main segments: HSS ProService, a digital marketplace for building services, and The Hire Services Company, which provides tool and equipment hire in the UK and Ireland.

Shares of HSS Hire Group plc (LON:HSS - ) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 8.73 ($0.12) and traded as high as GBX 8.90 ($0.12). HSS Hire Group shares last traded at GBX 8.86 ($0.12), with a volume of 108,257 shares.

HSS Hire Group Trading Down 1.9%

The company has a current ratio of 1.14, a quick ratio of 1.10 and a debt-to-equity ratio of 70.34. The company has a market cap of £58.86 million, a PE ratio of -25.67 and a beta of 0.27. The business's 50-day simple moving average is GBX 8.73 and its 200-day simple moving average is GBX 7.37.

HSS Hire Group Company Profile

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.

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