Hays (LON:HAS) Reaches New 12-Month Low – Here’s What Happened

Hays plc (LON:HAS)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 34.94 and last traded at GBX 35.06, with a volume of 1611120 shares traded. The stock had previously closed at GBX 35.51.

Analysts Set New Price Targets

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

Hays Trading Down 1.3%

The company has a debt-to-equity ratio of 65.55, a current ratio of 1.27 and a quick ratio of 1.31. The stock’s 50 day moving average is GBX 45.52 and its 200-day moving average is GBX 52.96. The company has a market capitalization of £560.56 million, a P/E ratio of -71.55, a P/E/G ratio of 0.24 and a beta of 0.75.

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

Insider Buying and Selling

In other news, insider Michael Findlay purchased 25,500 shares of Hays stock in a transaction that occurred on Monday, March 2nd. The shares were bought at an average cost of GBX 39 per share, with a total value of £9,945. Also, insider Cheryl Millington acquired 5,000 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was purchased 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