HSS Hire Group (LON:HSS) Stock Price Passes Above 50 Day Moving Average - Here's Why

Key Points

• HSS Hire Group's share price rose above its 50-day moving average, trading at GBX 9.26 ($0.12) with a volume of 561,571 shares.
• The stock is noted to have a market capitalization of £66.14 million and a high PE ratio of -1,815.69.
• HSS ProService, a key part of HSS Hire Group, operates as a leading digital marketplace for building-related products, catering to approximately 3,000 business customers.

HSS Hire Group plc (LON:HSS - )'s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 9.13 ($0.12) and traded as high as GBX 9.28 ($0.12). HSS Hire Group shares last traded at GBX 9.26 ($0.12), with a volume of 561,571 shares traded.

HSS Hire Group Stock Up 1.2%

The firm has a 50-day moving average of GBX 9.13 and a two-hundred day moving average of GBX 7.86. The company has a market capitalization of £66.14 million, a PE ratio of -1,815.69 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.

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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