Speedy Hire (LON:SDY) Share Price Crosses Above 200 Day Moving Average – Time to Sell?

Speedy Hire Plc (LON:SDYGet Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 32.94 ($0.43) and traded as high as GBX 35.60 ($0.46). Speedy Hire shares last traded at GBX 35.60 ($0.46), with a volume of 359,316 shares.

Speedy Hire Stock Performance

The firm has a fifty day moving average price of GBX 36.94 and a two-hundred day moving average price of GBX 32.94. 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 has a market capitalization of £164.42 million, a PE ratio of 3,560.00, a P/E/G ratio of 0.21 and a beta of 1.25.

Insider Transactions at Speedy Hire

In related news, insider Paul A. Rayner bought 105,000 shares of the company’s stock in a transaction on Tuesday, September 24th. The shares were acquired at an average cost of GBX 36 ($0.47) per share, for a total transaction of £37,800 ($49,360.15). In other news, insider Paul A. Rayner purchased 105,000 shares of the company’s stock in a transaction dated Tuesday, September 24th. The shares were acquired at an average price of GBX 36 ($0.47) per share, with a total value of £37,800 ($49,360.15). Also, insider David J. B. Shearer acquired 80,000 shares of the firm’s stock in a transaction that occurred on Monday, August 5th. The stock was purchased at an average price of GBX 38 ($0.50) per share, with a total value of £30,400 ($39,697.05). Corporate insiders own 5.33% of the company’s stock.

Speedy Hire Company Profile

(Get Free Report)

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.

Further Reading

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