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

Hays plc (LON:HAS)’s share price was down 6% during trading 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 changed hands during mid-day 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 quick ratio of 1.31, a current ratio of 1.32 and a debt-to-equity ratio of 43.81. The company has a market capitalization of £1.13 billion, a PE ratio of 1,905.00, a PEG ratio of 0.24 and a beta of 1.13. The company has a 50-day moving average price of GBX 78.38 and a two-hundred day moving average price of GBX 86.85.

Insider Buying and Selling at Hays

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

Hays Company Profile

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.