Insider Buying: Speedy Hire Plc (SDY) Insider Purchases 117,751 Shares of Stock
Speedy Hire Plc (LON:SDY) insider Chris Morgan bought 117,751 shares of the company’s stock in a transaction on Wednesday, November 30th. The shares were bought at an average price of GBX 43 ($0.53) per share, for a total transaction of £50,632.93 ($62,812.22).
Shares of Speedy Hire Plc (LON:SDY) opened at 43.25 on Thursday. The stock has a 50 day moving average of GBX 39.03 and a 200-day moving average of GBX 36.69. The firm’s market capitalization is GBX 224.60 million. Speedy Hire Plc has a 12-month low of GBX 29.50 and a 12-month high of GBX 45.21.
The business also recently announced a dividend, which will be paid on Friday, January 27th. Investors of record on Thursday, December 15th will be issued a GBX 0.33 ($0.00) dividend. This represents a yield of 0.78%. The ex-dividend date of this dividend is Thursday, December 15th.
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Several analysts have commented on SDY shares. Liberum Capital restated a “buy” rating and set a GBX 49 ($0.61) target price on shares of Speedy Hire Plc in a report on Friday, September 30th. Peel Hunt upgraded shares of Speedy Hire Plc to a “buy” rating and raised their target price for the stock from GBX 36 ($0.45) to GBX 50 ($0.62) in a report on Thursday, November 17th. Finally, N+1 Singer restated a “hold” rating on shares of Speedy Hire Plc in a report on Thursday, October 6th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Speedy Hire Plc presently has an average rating of “Buy” and a consensus target price 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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