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Speedy Hire (LON:SDY) Share Price Passes Below 200 Day Moving Average - Here's Why

Speedy Hire logo with Industrials background

Shares of Speedy Hire Plc (LON:SDY - Get Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 34.21 ($0.43) and traded as low as GBX 29.42 ($0.37). Speedy Hire shares last traded at GBX 30.05 ($0.38), with a volume of 768,492 shares.

Speedy Hire Stock Performance

The company has a current ratio of 0.94, a quick ratio of 0.90 and a debt-to-equity ratio of 115.48. The firm's fifty day moving average price is GBX 35 and its 200 day moving average price is GBX 34.25. The firm has a market capitalization of £138.78 million, a PE ratio of 3,005.00, a PEG ratio of 0.21 and a beta of 1.25.

Insider Buying and Selling

In related news, insider Paul A. Rayner bought 105,000 shares of the firm's stock in a transaction on Tuesday, September 24th. The stock was purchased at an average price of GBX 36 ($0.45) per share, with a total value of £37,800 ($47,637.05). 5.33% of the stock is currently owned by corporate insiders.

Speedy Hire Company Profile

(Get Free Report)

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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