Hays (LON:HAS) Stock Price Crosses Below 200-Day Moving Average – Should You Sell?

Shares of Hays plc (LON:HAS) crossed 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 reissued a “buy” rating and set a GBX 115 ($1.45) price target on shares of Hays in a research report on Tuesday, September 3rd.

Hays Stock Performance

The company has a debt-to-equity ratio of 43.81, a quick ratio of 1.31 and a current ratio of 1.32. The firm has a market cap of £1.26 billion, a P/E ratio of 1,905.00, a price-to-earnings-growth ratio of 0.24 and a beta of 1.13. The firm’s fifty day moving average price is GBX 78.60 and its 200 day moving average price is GBX 88.17.

Insiders Place Their Bets

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

Hays Company Profile

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.