Speedy Hire (LON:SDY) Stock Price Up 5.4% - Still a Buy?

Speedy Hire Plc (LON:SDY - Get Free Report)'s stock price was up 5.4% during mid-day trading on Monday . 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 were traded during mid-day 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 Trading Down 1.5 %

The firm has a market capitalization of £86.06 million, a P/E ratio of 31.59, a P/E/G ratio of 0.21 and a beta of 1.25. 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 stock has a 50 day simple moving average of GBX 19.40 and a 200-day simple moving average of GBX 26.89.

Insider Activity at Speedy Hire

In other news, insider Paul A. Rayner bought 12,500 shares of Speedy Hire stock in a transaction that occurred on Thursday, February 6th. The stock was bought at an average cost 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 firm's stock in a transaction on Monday, February 3rd. The shares were purchased at an average price 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 company 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.