Speedy Hire Plc (LON:SDY) Insider Paul A. Rayner Acquires 35,000 Shares

Speedy Hire Plc (LON:SDY) insider Paul A. Rayner acquired 35,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 20th. The stock was purchased at an average cost of GBX 33 ($0.42) per share, with a total value of £11,550 ($14,675.98).

Speedy Hire Trading Up 6.7 %

Shares of SDY opened at GBX 32.80 ($0.42) on Friday. The business has a 50-day moving average of GBX 27.68 and a 200 day moving average of GBX 28.57. Speedy Hire Plc has a fifty-two week low of GBX 22.50 ($0.29) and a fifty-two week high of GBX 38.95 ($0.49). The firm has a market cap of £151.48 million, a P/E ratio of -3,280.00, a price-to-earnings-growth ratio of 0.21 and a beta of 1.25. The company has a debt-to-equity ratio of 97.86, a quick ratio of 0.90 and a current ratio of 1.07.

Speedy Hire Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, September 20th. Investors of record on Thursday, August 8th will be issued a GBX 1.80 ($0.02) dividend. The ex-dividend date is Thursday, August 8th. This represents a yield of 5.85%. This is a positive change from Speedy Hire’s previous dividend of $0.80. Speedy Hire’s dividend payout ratio (DPR) is -30,000.00%.

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.