HSS Hire Group (LON:HSS) Stock Price Down 17.3% - Should You Sell?

Key Points

• HSS Hire Group's stock price plummeted 17.3% on Tuesday, with shares trading as low as GBX 7.02 ($0.09) and closing at GBX 7.24 ($0.10).
• The company currently holds a market capitalization of £51.71 million and has a significantly high P/E ratio of -1,419.61, indicating potential financial instability.
• HSS Hire Group operates a digital marketplace known as HSS ProService, focusing on customer acquisition and offering a wide range of building-related products and services to approximately 3,000 customers.

HSS Hire Group plc (LON:HSS - ) shares were down 17.3% during mid-day trading on Tuesday . The stock traded as low as GBX 7.02 ($0.09) and last traded at GBX 7.24 ($0.10). Approximately 3,633,329 shares changed hands during trading, an increase of 222% from the average daily volume of 1,129,335 shares. The stock had previously closed at GBX 8.75 ($0.12).

HSS Hire Group Stock Down 17.3%

The company has a quick ratio of 1.10, a current ratio of 1.14 and a debt-to-equity ratio of 70.34. The firm has a market cap of £51.71 million, a PE ratio of -1,419.61 and a beta of 0.27. The firm's 50 day moving average is GBX 9.12 and its 200-day moving average is GBX 7.90.

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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