Shares in HSS have fallen by 11.7 % after investors abandoned the beleaguered tool hire firm after yet another profit loss . HSS is worth just £ 83.4 m ( $ 107 m ) , 77 % down since its shares were first listed in 2015 . The company ’s poor performance has led analysts to suggest a merger with rival firm Speedy Hire . “ We are growing too quickly . Neil Wilson, senior market analyst at ETX Capital, said: 'Losses are growing too quickly. ' The conditions are challenging and investors are losing patience ” , said Neil Smith , senior financial analyst at GE Capital .
Shares in HSS have fallen by 11.7 % after investors abandoned the beleaguered tool hire firm after yet another profit loss . HSS is worth just £ 83.4 m ( $ 107 m ) , 77 % down since its shares were first listed in 2015 . The company ’s poor performance has led analysts to suggest a merger with rival firm Speedy Hire . “ We are growing too quickly . The conditions are challenging and investors are losing patience ” , said Neil Smith , senior financial analyst at GE Capital .