Hays (LON:HAS) Share Price Passes Above 200 Day Moving Average of $153.14

Hays plc (LON:HAS)’s share price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $153.14 and traded as high as $167.60. Hays shares last traded at $166.60, with a volume of 2,179,086 shares.

A number of analysts have weighed in on the company. Morgan Stanley restated an “equal weight” rating on shares of Hays in a report on Monday, October 14th. HSBC downgraded Hays to a “hold” rating and reduced their price target for the stock from GBX 180 ($2.35) to GBX 155 ($2.03) in a research report on Thursday, November 21st. Barclays reaffirmed an “equal weight” rating on shares of Hays in a research report on Wednesday, November 13th. Kepler Capital Markets reaffirmed a “hold” rating on shares of Hays in a research report on Monday, September 9th. Finally, UBS Group reaffirmed a “neutral” rating on shares of Hays in a research report on Wednesday, October 16th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of GBX 161.11 ($2.11).

The business has a 50-day moving average price of GBX 161.56 and a 200-day moving average price of GBX 153.14. The firm has a market capitalization of $2.44 billion and a price-to-earnings ratio of 15.15. The company has a quick ratio of 1.41, a current ratio of 1.48 and a debt-to-equity ratio of 13.41.

In related news, insider Alistair R. Cox sold 89,325 shares of the company’s stock in a transaction on Monday, September 9th. The stock was sold at an average price of GBX 150 ($1.96), for a total value of £133,987.50 ($175,078.40). Also, insider Paul Venables sold 503,065 shares of the company’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of GBX 149 ($1.95), for a total value of £749,566.85 ($979,441.85).

About Hays (LON:HAS)

Hays plc operates as a recruitment company in Australia, New Zealand, Germany, the United Kingdom, Ireland, and internationally. The company offers permanent, temporary, and contractor recruitment services, such as qualified, professional, and skilled recruitment to public and private sector. It specializes in offering recruitment services in the areas of accountancy and finance, construction and property, information technology, life sciences, sales and marketing, banking and capital markets, contact centers, education, engineering and manufacturing, executive, financial services, health and social care, human resources, legal, office professionals, energy, oil and gas, purchasing, retail, resources and mining, and telecoms.

Recommended Story: How is a price target determined?

Receive News & Ratings for Hays Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hays and related companies with MarketBeat.com's FREE daily email newsletter.