Speedy Hire (LON:SDY) Earns Buy Rating from Liberum Capital
Liberum Capital restated their buy rating on shares of Speedy Hire (LON:SDY) in a research note released on Thursday, ThisIsMoney.Co.Uk reports.
Separately, Peel Hunt increased their price target on shares of Blancco Technology Group from GBX 154 ($2.01) to GBX 173 ($2.26) and gave the stock a buy rating in a report on Thursday.
LON SDY opened at GBX 58.20 ($0.76) on Thursday. The stock has a market capitalization of $305.75 million and a PE ratio of 13.86. Speedy Hire has a 52-week low of GBX 53.40 ($0.70) and a 52-week high of GBX 66 ($0.86). The business’s 50-day moving average price is GBX 62.28. The company has a quick ratio of 1.17, a current ratio of 1.30 and a debt-to-equity ratio of 47.92.
In other news, insider David J. B. Shearer purchased 100,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 15th. The stock was purchased at an average cost of GBX 64 ($0.84) per share, with a total value of £64,000 ($83,627.34).
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, Ireland, the United Arab Emirates, and internationally. The company hires a range of tools and accessories, including access, lighting, survey, lifting, rail, safety equipment and ATEX, plant, site and traffic management, communications, and pipework and engineering equipment; compressors, generators, and pumps; and heating, ventilation, and cooling equipment.
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