Hays (LON:HAS) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

Shares of Hays plc (LON:HAS) passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of GBX 47.19 and traded as high as GBX 64.25. Hays shares last traded at GBX 61.95, with a volume of 2,762,061 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on HAS. Royal Bank Of Canada increased their target price on shares of Hays from GBX 60 to GBX 85 and gave the stock an “outperform” rating in a report on Monday, August 24th. Citigroup boosted their price target on Hays from GBX 33 to GBX 65 and gave the company a “neutral” rating in a report on Wednesday, September 23rd. UBS Group reiterated a “neutral” rating and issued a GBX 33 price objective on shares of Hays in a report on Friday, July 3rd. Deutsche Bank Aktiengesellschaft lifted their price objective on Hays from GBX 60 to GBX 95 and gave the stock a “buy” rating in a research report on Wednesday, September 9th. Finally, Jefferies Financial Group reissued an “underperform” rating and set a GBX 28 target price on shares of Hays in a research note on Friday, August 21st. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Hays currently has a consensus rating of “Hold” and a consensus price target of GBX 61.20.

Hays Trading Up 3.7%

The company has a current ratio of 1.18, a quick ratio of 1.31 and a debt-to-equity ratio of 60.68. The company has a market cap of £1.01 billion, a PE ratio of -17.65, a PEG ratio of 0.24 and a beta of 0.77. The stock has a 50 day moving average price of GBX 66.68 and a 200 day moving average price of GBX 47.31.

Hays (LON:HAS) last posted its quarterly earnings data on Thursday, August 20th. The company reported GBX (3.64) earnings per share (EPS) for the quarter. Hays had a negative return on equity of 13.31% and a negative net margin of 0.91%. Sell-side analysts predict that Hays plc will post 4.10 EPS for the current fiscal year.

Insider Activity

In related news, insider James Hilton sold 63,122 shares of the stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of GBX 67, for a total value of £42,291.74. 0.76% of the stock is currently owned by insiders.

Hays Company Profile