Hays (LON:HAS) Trading Down 6% – Here’s What Happened

Hays plc (LON:HAS)’s share price dropped 6% on Thursday . The company traded as low as GBX 70.08 ($0.87) and last traded at GBX 70.95 ($0.88). Approximately 64,151,398 shares traded hands during trading, an increase of 264% from the average daily volume of 17,612,303 shares. The stock had previously closed at GBX 75.50 ($0.93).

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 company has a market cap of £1.13 billion, a PE ratio of 1,905.00, a price-to-earnings-growth ratio of 0.24 and a beta of 1.13. The company’s 50 day moving average price is GBX 78.38 and its 200-day moving average price is GBX 86.85.

Insiders Place Their Bets

In other Hays news, insider James Hilton bought 638 shares of the business’s stock in a transaction on Wednesday, November 27th. The stock was purchased at an average price of GBX 77 ($0.95) per share, for a total transaction of £491.26 ($607.24). Company insiders own 0.54% of the company’s stock.

About Hays

Our ultimate aim is to be the undisputed leader in global specialist recruitment. As we build towards this, we have a set of four, strategic priorities which remain unchanged throughout the various stages of the economic cycle. As well as being interlinked with each other, they are informed and driven by our aims, as well as by the long-term mega trends we identify in our marketplace.

Strategic priorities:
1.