Speedy Hire Plc (LON:SDY - Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 34.51 ($0.43) and traded as low as GBX 27.50 ($0.35). Speedy Hire shares last traded at GBX 28.40 ($0.36), with a volume of 1,075,772 shares changing hands.
Analyst Ratings Changes
Separately, Canaccord Genuity Group reissued a "buy" rating and set a GBX 70 ($0.88) price objective on shares of Speedy Hire in a research note on Thursday, November 21st.
Check Out Our Latest Stock Analysis on Speedy Hire
Speedy Hire Stock Performance
The company has a quick ratio of 0.90, a current ratio of 0.94 and a debt-to-equity ratio of 115.48. The stock has a fifty day moving average price of GBX 31.96 and a two-hundred day moving average price of GBX 34.56. The company has a market capitalization of £131.16 million, a price-to-earnings ratio of 2,840.00, a PEG ratio of 0.21 and a beta of 1.25.
Speedy Hire Cuts Dividend
The company also recently announced a dividend, which will be paid on Friday, January 17th. Investors of record on Thursday, December 5th will be paid a GBX 0.80 ($0.01) dividend. This represents a yield of 2.76%. The ex-dividend date of this dividend is Thursday, December 5th. Speedy Hire's payout ratio is 30,000.00%.
Insider Buying and Selling at Speedy Hire
In other Speedy Hire news, insider David J. B. Shearer bought 150,000 shares of Speedy Hire stock in a transaction that occurred on Monday, November 25th. The shares were purchased at an average cost of GBX 28 ($0.35) per share, for a total transaction of £42,000 ($52,783.71). Also, insider Paul A. Rayner purchased 105,000 shares of the firm's stock in a transaction on Tuesday, September 24th. The stock was acquired at an average cost of GBX 36 ($0.45) per share, for a total transaction of £37,800 ($47,505.34). In the last ninety days, insiders have bought 320,000 shares of company stock worth $9,800,000. Corporate insiders own 5.33% of the company's stock.
About Speedy Hire
(
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Speedy Hire Plc, together with its subsidiaries, provides tools, equipment, and plant hire services to the construction, infrastructure, and industrial markets in the United Kingdom and Ireland. The company hires a range of tools and accessories, including access, lighting, lifting, rail, survey and safety, ATEX, plant, communications, and pipework and engineering equipment; compressors, generators, and pumps; and heating, ventilation, and cooling equipment.
See Also
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