Speedy Hire (LON:SDY) Shares Up 5.4% - Here's What Happened

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

Speedy Hire Stock Down 1.5 %

The firm's 50 day moving average price is GBX 19.40 and its two-hundred day moving average price is GBX 26.89. 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 company 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.

Insider Buying and Selling at Speedy Hire

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

Speedy Hire Company Profile

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.