Insider Buying: Speedy Hire Plc (LON:SDY) Insider Purchases 12,500 Shares of Stock

Speedy Hire Plc (LON:SDY) insider Paul A. Rayner purchased 12,500 shares of the firm’s stock in a transaction that occurred on Thursday, February 6th. The stock was purchased at an average price of GBX 20 ($0.25) per share, for a total transaction of £2,500 ($3,101.35).

Speedy Hire Trading Up 1.1 %

Shares of LON SDY opened at GBX 19.92 ($0.25) on Friday. Speedy Hire Plc has a fifty-two week low of GBX 18.39 ($0.23) and a fifty-two week high of GBX 41 ($0.51). The firm has a market capitalization of £92.00 million, a P/E ratio of 1,992.00, a P/E/G ratio of 0.21 and a beta of 1.25. 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 company’s 50 day simple moving average is GBX 27.99 and its 200 day simple moving average is GBX 32.96.

Speedy Hire (LON:SDY) last posted its quarterly earnings results on Thursday, November 21st. The company reported GBX 0.07 ($0.00) earnings per share for the quarter. Speedy Hire had a return on equity of 1.50% and a net margin of 0.64%. On average, analysts predict that Speedy Hire Plc will post 3.6102868 EPS for the current year.

Speedy Hire Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 17th. Shareholders of record on Thursday, December 5th were paid a GBX 0.80 ($0.01) dividend. This represents a yield of 2.76%. The ex-dividend date of this dividend was Thursday, December 5th. Speedy Hire’s payout ratio is 30,000.00%.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 70 ($0.87) target price on shares of Speedy Hire in a research report on Thursday, November 21st.

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.