HSS Hire Group (LON:HSS) Share Price Passes Below 50-Day Moving Average – Here’s Why

HSS Hire Group plc (LON:HSS) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 7.29 and traded as low as GBX 6.90. HSS Hire Group shares last traded at GBX 7.29, with a volume of 456,127 shares trading hands.

HSS Hire Group Stock Down 1.4%

The business has a 50 day simple moving average of GBX 7.29 and a 200 day simple moving average of GBX 8.10. The company has a debt-to-equity ratio of 242.58, a current ratio of 1.15 and a quick ratio of 1.10. The stock has a market cap of £52.07 million, a PE ratio of -14.29 and a beta of 0.27.

HSS Hire Group Company Profile

HSS operates through two separate but complementary businesses serving predominantly business customers:

HSS ProService (“ProService”) is the leading digital marketplace business focussed on customer and supplier acquisition. Technology driven, scalable and uniquely differentiated, ProService is a one-stop-shop providing a wide range of building-related product and services for over 7,000 active account customers per month, in product verticals including equipment hire, training, fuel, equipment sales and building materials.