HSS Hire Group (LON:HSS) Trading 10.4% Higher

HSS Hire Group plc (LON:HSS)’s stock price rose 10.4% during mid-day trading on Thursday . The company traded as high as GBX 8.28 ($0.11) and last traded at GBX 8.28 ($0.11). Approximately 148,619 shares traded hands during trading, a decline of 84% from the average daily volume of 950,391 shares. The stock had previously closed at GBX 7.50 ($0.10).

HSS Hire Group Price Performance

The firm has a 50-day moving average of GBX 8.69 and a 200 day moving average of GBX 9.38. The company has a debt-to-equity ratio of 77.48, a current ratio of 1.17 and a quick ratio of 1.10. The company has a market capitalization of £58.39 million, a PE ratio of 750.00 and a beta of 0.21.

HSS Hire Group Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, July 2nd. Shareholders of record on Thursday, May 23rd will be paid a GBX 0.38 ($0.00) dividend. The ex-dividend date of this dividend is Thursday, May 23rd. This represents a yield of 4.6%. This is a boost from HSS Hire Group’s previous dividend of $0.18. HSS Hire Group’s payout ratio is presently 10,000.00%.

About HSS Hire Group

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 operates through Rental and Related Revenue; and Services segments. It offers tools and equipment, including powered access and power generation equipment; and engages in the resale of fuel and other consumables, as well as provision of transport and other ancillary services.