Hays (LON:HAS) Shares Pass Below 200 Day Moving Average - Here's What Happened

Hays plc (LON:HAS - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-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 Analysts Forecast Growth

Separately, Jefferies Financial Group reiterated a "buy" rating and issued a GBX 115 ($1.45) price objective on shares of Hays in a research report on Tuesday, September 3rd.

Hays Price Performance

The company has a current ratio of 1.32, a quick ratio of 1.31 and a debt-to-equity ratio of 43.81. The business's 50 day moving average price is GBX 78.60 and its two-hundred day moving average price is GBX 88.17. The stock 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.

Insiders Place Their Bets

In other Hays news, insider James Hilton bought 638 shares of the company's stock in a transaction dated Wednesday, November 27th. The shares were purchased at an average price of GBX 77 ($0.97) per share, for a total transaction of £491.26 ($618.17). 0.54% of the stock is currently owned by company insiders.

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.