Hays (LON:HAS) Reaches New 1-Year Low - What's Next?

Hays plc (LON:HAS - Get Free Report)'s stock price reached a new 52-week low during trading on Thursday . The company traded as low as GBX 75 ($0.95) and last traded at GBX 75 ($0.95), with a volume of 7671 shares trading hands. The stock had previously closed at GBX 76 ($0.96).

Analysts Set New Price Targets

Several analysts recently commented on HAS shares. Royal Bank of Canada reiterated an "outperform" rating and set a GBX 125 ($1.58) price target on shares of Hays in a research report on Friday, August 23rd. Jefferies Financial Group restated a "buy" rating and issued a GBX 115 ($1.46) price objective on shares of Hays in a report on Tuesday, September 3rd.

Hays Stock Performance

The firm has a market capitalization of £1.21 billion, a price-to-earnings ratio of 1,905.00, a PEG ratio of 0.24 and a beta of 1.13. The stock's 50 day moving average price is GBX 84.39 and its two-hundred day moving average price is GBX 92.55. The company has a current ratio of 1.32, a quick ratio of 1.31 and a debt-to-equity ratio of 43.81.

Insider Buying and Selling at Hays

In other news, insider Joe Hurd bought 2,208 shares of Hays stock in a transaction that occurred on Monday, September 9th. The shares were purchased at an average price of GBX 90 ($1.14) per share, for a total transaction of £1,987.20 ($2,514.49). Also, insider James Hilton sold 53,038 shares of the business's stock in a transaction dated Wednesday, October 9th. The stock was sold at an average price of GBX 88 ($1.11), for a total value of £46,673.44 ($59,057.88). Insiders own 0.54% of the company's stock.

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.