Hays (LON:HAS) Reaches New 1-Year Low Following Analyst Downgrade

Hays plc (LON:HAS) hit a new 52-week low during trading on Wednesday after Deutsche Bank Aktiengesellschaft lowered their price target on the stock from GBX 100 to GBX 90. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock. Hays traded as low as GBX 50.95 and last traded at GBX 50.95, with a volume of 2097902 shares traded. The stock had previously closed at GBX 51.70.

Separately, Royal Bank Of Canada restated an “outperform” rating on shares of Hays in a research note on Monday, October 13th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Hays has a consensus rating of “Moderate Buy” and a consensus target price of GBX 81.20.

Insider Activity at Hays

In other Hays news, insider Anthony Kirby acquired 10,000 shares of the stock in a transaction dated Monday, November 10th. The stock was purchased at an average price of GBX 58 per share, with a total value of £5,800. Corporate insiders own 0.76% of the company’s stock.

Hays Trading Down 1.2%

The stock has a 50-day moving average of GBX 54.92 and a 200 day moving average of GBX 59.03. The company has a quick ratio of 1.31, a current ratio of 1.32 and a debt-to-equity ratio of 43.81. The stock has a market cap of £745.71 million, a PE ratio of -95.18, a price-to-earnings-growth ratio of 0.24 and a beta of 1.13.

Hays Company Profile