Speedy Hire Plc (LON:SDY) insider Jan G. Astrand purchased 20,000 shares of the company’s stock in a transaction that occurred on Monday, November 21st. The shares were purchased at an average cost of GBX 40 ($0.50) per share, for a total transaction of £8,000 ($9,995.00).

Speedy Hire Plc (LON:SDY) opened at 44.50 on Thursday. The firm’s market capitalization is GBX 231.09 million. Speedy Hire Plc has a one year low of GBX 29.50 and a one year high of GBX 45.21. The stock’s 50 day moving average price is GBX 38.72 and its 200-day moving average price is GBX 36.55.

The company also recently disclosed a dividend, which will be paid on Friday, January 27th. Stockholders of record on Thursday, December 15th will be issued a dividend of GBX 0.33 ($0.00) per share. This represents a dividend yield of 0.78%. The ex-dividend date is Thursday, December 15th.

Several equities research analysts have weighed in on the company. Liberum Capital reaffirmed a “buy” rating and issued a GBX 49 ($0.61) target price on shares of Speedy Hire Plc in a research report on Thursday, September 1st. Peel Hunt raised Speedy Hire Plc to a “buy” rating and increased their target price for the stock from GBX 36 ($0.45) to GBX 50 ($0.62) in a research report on Thursday, November 17th. Finally, N+1 Singer reaffirmed a “hold” rating on shares of Speedy Hire Plc in a research report on Thursday, October 6th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of GBX 46.50 ($0.58).

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About Speedy Hire Plc

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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