Speedy Hire Plc (LON:SDY) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $57.99 and traded as high as $64.80. Speedy Hire shares last traded at $63.00, with a volume of 3,443,948 shares.
SDY has been the topic of a number of research analyst reports. Peel Hunt reiterated a “buy” rating on shares of Speedy Hire in a report on Wednesday, November 13th. Liberum Capital upped their price target on Speedy Hire from GBX 77 ($1.01) to GBX 80 ($1.05) and gave the stock a “buy” rating in a research note on Thursday, November 21st.
The company has a current ratio of 1.03, a quick ratio of 0.95 and a debt-to-equity ratio of 79.16. The firm has a market capitalization of $328.89 million and a price-to-earnings ratio of 13.40. The firm has a 50 day moving average price of GBX 57.99 and a two-hundred day moving average price of GBX 56.66.
In other Speedy Hire news, insider Rhian Bartlett purchased 30,574 shares of Speedy Hire stock in a transaction on Friday, November 15th. The shares were purchased at an average cost of GBX 58 ($0.76) per share, with a total value of £17,732.92 ($23,326.65). Also, insider David J. B. Shearer acquired 100,000 shares of the firm’s stock in a transaction on Wednesday, November 13th. The shares were acquired at an average price of GBX 55 ($0.72) per share, with a total value of £55,000 ($72,349.38).
About Speedy Hire (LON:SDY)
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, Ireland, the United Arab Emirates, and internationally. The company hires a range of tools and accessories, including access, lighting, survey, lifting, rail, safety equipment and ATEX, plant, site and traffic management, communications, and pipework and engineering equipment; compressors, generators, and pumps; and heating, ventilation, and cooling equipment.
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