HSS Hire Group (LON:HSS) Stock Price Down 17.3% - What's Next?

Key Points

• HSS Hire Group's share price fell by 17.3% on Tuesday, closing at GBX 7.24 ($0.10) after trading as low as GBX 7.02 ($0.09).
• Over 3.6 million shares were traded during the day, a significant increase of 222% from the average daily volume.
• The company has a market capitalization of £51.71 million and a notably high P/E ratio of -1,419.61.

HSS Hire Group plc (LON:HSS - )'s share price dropped 17.3% 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 mid-day 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 Performance

The stock has a market capitalization of £51.71 million, a P/E ratio of -1,419.61 and a beta of 0.27. 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 9.12 and its two-hundred day simple moving average is GBX 7.90.

About HSS Hire Group

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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