Speedy Hire (LON:SDY) Insider Rhian Bartlett Acquires 1,760,000 Shares

Speedy Hire Plc (LON:SDY) insider Rhian Bartlett purchased 1,760,000 shares of Speedy Hire stock in a transaction on Monday, January 5th. The shares were acquired at an average cost of GBX 26 per share, for a total transaction of £457,600.

Speedy Hire Trading Up 2.4%

Speedy Hire stock traded up GBX 0.60 during trading on Tuesday, hitting GBX 25.20. The company’s stock had a trading volume of 262,200 shares, compared to its average volume of 627,005. The stock has a market capitalization of £116.12 million, a price-to-earnings ratio of -9.96, a P/E/G ratio of 0.21 and a beta of 1.25. The stock’s fifty day moving average is GBX 26.09 and its 200 day moving average is GBX 27.20. Speedy Hire Plc has a 1-year low of GBX 17.62 and a 1-year high of GBX 33.70. The company has a debt-to-equity ratio of 115.48, a quick ratio of 0.90 and a current ratio of 0.94.

Speedy Hire (LON:SDY) last issued its quarterly earnings results on Wednesday, November 26th. The company reported GBX (1.28) earnings per share (EPS) for the quarter. Speedy Hire had a return on equity of 1.51% and a net margin of 0.64%. As a group, equities research analysts predict that Speedy Hire Plc will post 3.6102868 EPS for the current year.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 79 price target on shares of Speedy Hire in a research note on Thursday, November 27th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of GBX 79.

About Speedy Hire

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. It also sells access, lifting, survey, rail, and personal protective and safety equipment; various tools and equipment; and cutting, grinding, and sanding equipment, as well as site supplies.