Hays (LON:HAS) Stock Price Passes Below 200 Day Moving Average – Should You Sell?

Shares of Hays plc (LON:HAS) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 88.17 ($1.11) and traded as low as GBX 77.25 ($0.97). Hays shares last traded at GBX 79.35 ($1.00), with a volume of 768,891 shares traded.

Analyst Ratings Changes

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 115 ($1.45) target price on shares of Hays in a research report on Tuesday, September 3rd.

Hays Stock Down 0.3 %

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 fifty day moving average price of GBX 78.60 and a two-hundred day moving average price of GBX 88.17. The company has a market cap of £1.26 billion, a price-to-earnings ratio of 1,905.00, a P/E/G ratio of 0.24 and a beta of 1.13.

Insider Buying and Selling at Hays

In other Hays news, insider James Hilton sold 53,038 shares of the firm’s stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of GBX 88 ($1.11), for a total transaction of £46,673.44 ($58,730.89). Insiders own 0.54% of the company’s stock.

Hays Company Profile

Hays plc engages in the provision of recruitment services in Australia, New Zealand, Germany, the United Kingdom, Ireland, and internationally. The company provides qualified, professional, and skilled recruitment in permanent, temporary, and contractor formats to public and private sectors. It offers its recruitment services in the specialisms, such as accountancy and finance, banking and capital markets, construction and property, contact centers, education, energy, oil and gas, engineering and manufacturing, executive, financial services, health and social care, human resources, legal, life sciences, office support, procurement, resources and mining, retail, sales and marketing, sustainability, technology, and telecoms.