Hays (OTCMKTS:HAYPY) Hits New 1-Year Low – Should You Sell?

Hays plc (OTCMKTS:HAYPY) hit a new 52-week low on Wednesday . The stock traded as low as $10.05 and last traded at $10.05, with a volume of 0 shares trading hands. The stock had previously closed at $10.05.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on HAYPY shares. BNP Paribas raised Hays to a “strong sell” rating in a research report on Monday, September 23rd. Royal Bank of Canada upgraded shares of Hays to a “moderate buy” rating in a research report on Monday, October 14th.

Hays Stock Performance

The stock’s fifty day moving average price is $11.54 and its 200 day moving average price is $11.87.

Hays Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, December 10th. Investors of record on Friday, October 18th will be issued a $0.2244 dividend. This is a positive change from Hays’s previous dividend of $0.09. The ex-dividend date is Friday, October 18th.

Hays Company Profile

Hays plc engages in the provision of recruitment services in Australia, New Zealand, Germany, the United Kingdom, Ireland, and internationally. The company provides qualified, professional, and skilled recruitment in permanent, temporary, and contractor formats to public and private sectors. It offers its recruitment services in the specialisms, such as technology, accountancy and finance, engineering, construction and property, office support, life sciences, sales and marketing, and others.