Hays (LON:HAS) Shares Cross Below Two Hundred Day Moving Average – Here’s What Happened

Hays plc (LON:HAS) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 115 ($1.45) price objective 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 firm has a 50 day moving average of GBX 78.60 and a two-hundred day moving average of GBX 88.17. The firm has a market capitalization of £1.26 billion, a price-to-earnings ratio of 1,905.00, a price-to-earnings-growth ratio of 0.24 and a beta of 1.13.

Insider Transactions at Hays

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

About Hays

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.