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

Key Points

• HSS Hire Group's stock fell significantly by 17.3% on Wednesday, trading at GBX 7.24 after previously closing at GBX 8.75.
• The company has a market capitalization of £51.71 million and a notably high PE ratio of -1,419.61, indicating financial challenges.
• HSS operates through its main business, HSS ProService, which is a digital marketplace aimed at providing a variety of building-related products and services to its customers.

HSS Hire Group plc (LON:HSS - ) 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 were traded during mid-day 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 Stock Down 17.3%

The stock has a market capitalization of £51.71 million, a PE ratio of -1,419.61 and a beta of 0.27. The firm has a 50 day moving average of GBX 9.08 and a two-hundred day moving average of GBX 7.90. The company has a current ratio of 1.14, a quick ratio of 1.10 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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