Speedy Hire Plc (LON:SDY) Insider Buys £14,000 in Stock

Speedy Hire Plc (LON:SDY) insider Shatish D. Dasani purchased 70,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were purchased at an average price of GBX 20 ($0.25) per share, for a total transaction of £14,000 ($17,417.27).

Speedy Hire Stock Performance

Shares of SDY opened at GBX 19.79 ($0.25) on Tuesday. Speedy Hire Plc has a 1 year low of GBX 18.39 ($0.23) and a 1 year high of GBX 41 ($0.51). The company has a debt-to-equity ratio of 115.48, a current ratio of 0.94 and a quick ratio of 0.90. The stock’s fifty day moving average price is GBX 28.54 and its two-hundred day moving average price is GBX 33.33. The firm has a market cap of £91.42 million, a PE ratio of 1,979.40, a PEG ratio of 0.21 and a beta of 1.25.

Speedy Hire (LON:SDY) last issued its quarterly earnings data on Thursday, November 21st. The company reported GBX 0.07 ($0.00) earnings per share (EPS) for the quarter. Speedy Hire had a return on equity of 1.50% and a net margin of 0.64%. On average, equities research analysts forecast that Speedy Hire Plc will post 3.6102868 EPS for the current year.

Speedy Hire Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 17th. Shareholders of record on Thursday, December 5th were paid a GBX 0.80 ($0.01) dividend. The ex-dividend date was Thursday, December 5th. This represents a yield of 2.76%. Speedy Hire’s dividend payout ratio is currently 30,000.00%.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 70 ($0.87) price target on shares of Speedy Hire in a report on Thursday, November 21st.

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.