HSS Hire Group (LON:HSS) Trading 8.3% Higher – Still a Buy?

HSS Hire Group plc (LON:HSS)’s share price rose 8.3% on Wednesday . The stock traded as high as GBX 5.52 ($0.07) and last traded at GBX 5.50 ($0.07). Approximately 190,389 shares changed hands during trading, a decline of 76% from the average daily volume of 807,395 shares. The stock had previously closed at GBX 5.08 ($0.06).

HSS Hire Group Stock Performance

The firm has a market capitalization of £38.92 million, a P/E ratio of 653.40 and a beta of 0.27. The company has a 50-day simple moving average of GBX 6.18 and a two-hundred day simple moving average of GBX 6.83. The company has a debt-to-equity ratio of 70.34, a quick ratio of 1.10 and a current ratio of 1.14.

HSS Hire Group Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, November 6th. Stockholders of record on Thursday, October 3rd were given a GBX 0.18 ($0.00) dividend. This represents a dividend yield of 2.58%. The ex-dividend date of this dividend was Thursday, October 3rd.

HSS Hire Group Company Profile

HSS Hire Group plc, together with its subsidiaries, provides tool and equipment hire, and related services in the United Kingdom and the Republic of Ireland. The company provides training services through various training courses. HSS Hire Group plc was founded in 1957 and is headquartered in Manchester, the United Kingdom.