Speedy Hire (LON:SDY) Trading 5.4% Higher - What's Next?

Speedy Hire Plc (LON:SDY - Get Free Report)'s stock price was up 5.4% during trading on Tuesday . The stock traded as high as GBX 19.98 ($0.26) and last traded at GBX 18.97 ($0.25). Approximately 4,186,063 shares changed hands during trading, an increase of 208% from the average daily volume of 1,357,554 shares. The stock had previously closed at GBX 18 ($0.24).

Speedy Hire Stock Down 1.5 %

The stock has a market capitalization of £86.06 million, a P/E ratio of 31.59, a PEG ratio of 0.21 and a beta of 1.25. The firm's 50-day simple moving average is GBX 19.40 and its 200 day simple moving average is GBX 26.89. The company has a debt-to-equity ratio of 115.48, a quick ratio of 0.90 and a current ratio of 0.94.

Insider Buying and Selling

In other news, insider Paul A. Rayner acquired 12,500 shares of the firm's stock in a transaction dated Thursday, February 6th. The stock was bought at an average price of GBX 20 ($0.26) per share, with a total value of £2,500 ($3,272.25). Also, insider Shatish D. Dasani bought 70,000 shares of the company's stock in a transaction dated Monday, February 3rd. The stock was purchased at an average cost of GBX 20 ($0.26) per share, for a total transaction of £14,000 ($18,324.61). 5.33% of the stock is currently owned by corporate insiders.

About Speedy Hire

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.