HSS Hire Group (LON:HSS) Trading Down 1.1% – What’s Next?

HSS Hire Group plc (LON:HSS)’s share price dropped 1.1% during mid-day trading on Thursday . The stock traded as low as GBX 5.33 ($0.07) and last traded at GBX 5.64 ($0.07). Approximately 155,860 shares changed hands during trading, a decline of 81% from the average daily volume of 817,484 shares. The stock had previously closed at GBX 5.70 ($0.07).

HSS Hire Group Stock Performance

The stock has a market capitalization of £39.76 million, a P/E ratio of 653.40 and a beta of 0.27. The stock’s 50-day simple moving average is GBX 6.30 and its 200 day simple moving average is GBX 6.98. The company has a debt-to-equity ratio of 70.34, a current ratio of 1.14 and a quick ratio of 1.10.

HSS Hire Group Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, November 6th. Investors of record on Thursday, October 3rd were issued a dividend of GBX 0.18 ($0.00) per share. This represents a dividend yield of 2.58%. The ex-dividend date of this dividend was Thursday, October 3rd.

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 provides training services through various training courses. HSS Hire Group plc was founded in 1957 and is headquartered in Manchester, the United Kingdom.