Speedy Hire Plc (SDY) Insider Jan G. Astrand Acquires 40,000 Shares
Speedy Hire Plc (LON:SDY) insider Jan G. Astrand purchased 40,000 shares of the company’s stock in a transaction that occurred on Thursday, November 17th. The shares were purchased at an average cost of GBX 45 ($0.56) per share, with a total value of £18,000 ($22,488.76).
Speedy Hire Plc (LON:SDY) traded down 5.29% on Friday, hitting GBX 40.25. 892,092 shares of the company traded hands. The stock’s 50-day moving average is GBX 37.96 and its 200 day moving average is GBX 36.41. The firm’s market capitalization is GBX 208.70 million. Speedy Hire Plc has a 12 month low of GBX 29.50 and a 12 month high of GBX 44.90.
The company also recently disclosed a dividend, which will be paid on Friday, January 27th. Investors of record on Thursday, December 15th will be given a dividend of GBX 0.33 ($0.00) per share. This represents a yield of 0.78%. The ex-dividend date of this dividend is Thursday, December 15th.
Several research firms have issued reports on SDY. Peel Hunt raised shares of Speedy Hire Plc to a “buy” rating and boosted their price objective for the company from GBX 36 ($0.45) to GBX 50 ($0.62) in a research report on Thursday. N+1 Singer reissued a “hold” rating on shares of Speedy Hire Plc in a research report on Thursday, October 6th. Finally, Liberum Capital reissued a “buy” rating and issued a GBX 49 ($0.61) price objective on shares of Speedy Hire Plc in a research report on Friday, September 30th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Speedy Hire Plc has an average rating of “Buy” and a consensus price target of GBX 46.50 ($0.58).
Speedy Hire Plc Company Profile
Speedy Hire Plc is a tools, equipment and plant hire services company. The Company’s segments include UK & Ireland Asset Services and International Asset Services. UK & Ireland Asset Services delivers asset management and focuses on relationship management. International Asset Services delivers overseas projects and facilities management contracts by providing a managed site support service.
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