Speedy Hire (LON:SDY) Insider Purchases £2,940 in Stock

Speedy Hire Plc (LON:SDY) insider Shatish D. Dasani purchased 10,500 shares of the company’s stock in a transaction on Monday, October 6th. The stock was acquired at an average price of GBX 28 per share, for a total transaction of £2,940.

Speedy Hire Price Performance

Shares of Speedy Hire stock opened at GBX 29 on Thursday. The company has a current ratio of 0.94, a quick ratio of 0.90 and a debt-to-equity ratio of 115.48. The company’s 50-day moving average price is GBX 26.92 and its two-hundred day moving average price is GBX 25.26. Speedy Hire Plc has a 52 week low of GBX 17.62 and a 52 week high of GBX 38.20. The stock has a market cap of £133.55 million, a PE ratio of -12,083.33, a price-to-earnings-growth ratio of 0.21 and a beta of 1.25.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group lifted their price target on Speedy Hire from GBX 60 to GBX 79 and gave the stock a “buy” rating in a research note on Tuesday. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Speedy Hire presently has a consensus rating of “Buy” and an average target price of GBX 74.50.

Speedy Hire Company Profile

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.