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

Key Points

• HSS Hire Group plc saw its stock price decline by 17.3% on Wednesday, trading as low as GBX 7.02 ($0.09) before recovering slightly to GBX 7.24 ($0.10).
• The stock recorded a significant trading volume increase of 222%, with 3,633,329 shares changing hands compared to its average volume of 1,129,335 shares.
• The company's debt-to-equity ratio is quite high at 70.34, indicating potential financial risk, alongside a troubling PE ratio of -1,419.61.

HSS Hire Group plc (LON:HSS - )'s stock price fell 17.3% on Wednesday . The stock traded as low as GBX 7.02 ($0.09) and last traded at GBX 7.24 ($0.10). 3,633,329 shares traded hands during trading, an increase of 222% from the average session volume of 1,129,335 shares. The stock had previously closed at GBX 8.75 ($0.12).

HSS Hire Group Price Performance

The company has a debt-to-equity ratio of 70.34, a quick ratio of 1.10 and a current ratio of 1.14. The company's fifty day simple moving average is GBX 9.08 and its two-hundred day simple moving average is GBX 7.90. The stock has a market capitalization of £51.71 million, a PE ratio of -1,419.61 and a beta of 0.27.

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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