Hays (LON:HAS) Hits New 52-Week Low – Time to Sell?

Hays plc (LON:HAS)’s share price reached a new 52-week low on Monday . The stock traded as low as GBX 36.56 and last traded at GBX 36.92, with a volume of 4688688 shares traded. The stock had previously closed at GBX 38.32.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft dropped their price objective on Hays from GBX 100 to GBX 90 and set a “buy” rating for the company in a research note on Wednesday, January 14th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 81.20.

Hays Price Performance

The business’s 50 day moving average is GBX 47.46 and its two-hundred day moving average is GBX 53.90. The firm has a market capitalization of £590.30 million, a PE ratio of -75.35, a P/E/G ratio of 0.24 and a beta of 0.75. The company has a debt-to-equity ratio of 65.55, a current ratio of 1.27 and a quick ratio of 1.31.

Hays (LON:HAS) last announced its earnings results on Friday, February 27th. The company reported GBX 0.46 earnings per share (EPS) for the quarter. Hays had a negative net margin of 0.16% and a negative return on equity of 2.24%. As a group, research analysts anticipate that Hays plc will post 4.0966184 EPS for the current year.

Insider Buying and Selling at Hays

In related news, insider Michael Findlay acquired 25,500 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was bought at an average cost of GBX 39 per share, with a total value of £9,945. Also, insider Cheryl Millington bought 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was bought at an average price of GBX 39 per share, with a total value of £1,950. Company insiders own 0.76% of the company’s stock.

Hays Company Profile