HSS Hire Group (LON:HSS) Stock Price Down 17.3% - Time to Sell?

Key Points

• HSS Hire Group plc shares dropped by 17.3% during trading on Tuesday, reaching a low of GBX 7.02 before recovering slightly to GBX 7.24.
• The trading volume surged to approximately 3.6 million shares, which is an increase of 222% compared to the average daily volume.
• The company's market cap stands at £51.71 million, with a notably high price-to-earnings ratio of -1,419.61.

HSS Hire Group plc (LON:HSS - ) shares were down 17.3% during 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 Price Performance

The company'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 £51.71 million, a price-to-earnings ratio of -1,419.61 and a beta of 0.27. 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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