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Home / Ranges / Hays (HAS.L) 28-10-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Hays (HAS.L) 28-10-19

Hays (HAS.L): will resistance fail, or will the price continue within the current range and return to 147p?(-7%)

 

  • Now close to the 160p resistance. The current price is 158.6p (at time of writing).
  • The range has been reliable. Will the pattern repeat itself?
  • The price has tested this level in the recent past. Be mindful of stop-loss placement in case the range fails.
  • This could be appealing to short-sellers
  • Will the shares continue to trade in this range, declining again to lows at 147p? (-7%).
  • Shares -4% from 12-month highs; +16% from 12 month lows.

Latest News

15 Oct:  Liberum Capital reiterates its buy rating on Hays (HAS) and reduced the target price to 160p (from 185p).

15 Oct:  Hays, the recruitment company,  announced that net fees grew 1% in the latest quarter, due to challenging economic conditions.

13 Sep:  Alistair Cox, CEO, has transferred in 697,734 shares in the firm on the 12th September 2019. This Director currently has 4,721,711 shares.

13 Sep:  Alistair Cox, CEO, sold 513,248 shares in the firm on the 12th September 2019 at a price of 148.64p. This Director currently has 4,208,463 shares.

09 Sep:  Alistair Cox, CEO, has transferred in 189,574 shares in the firm on the 9th September 2019. This Director currently has 4,113,101 shares.

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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