Speedy Hire Plc (LON:SDY) Insider Shatish D. Dasani Acquires 70,000 Shares

Speedy Hire Plc (LON:SDY) insider Shatish D. Dasani acquired 70,000 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were bought at an average price of GBX 20 ($0.25) per share, for a total transaction of £14,000 ($17,473.79).

Speedy Hire Price Performance

Shares of LON:SDY opened at GBX 20 ($0.25) on Wednesday. Speedy Hire Plc has a twelve month low of GBX 18.39 ($0.23) and a twelve month high of GBX 41 ($0.51). The stock’s 50 day moving average is GBX 28.38 and its 200-day moving average is GBX 33.19. The company has a quick ratio of 0.90, a current ratio of 0.94 and a debt-to-equity ratio of 115.48. The firm has a market capitalization of £92.37 million, a price-to-earnings ratio of 2,000.00, a PEG ratio of 0.21 and a beta of 1.25.

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

Speedy Hire Cuts Dividend

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

Analyst Ratings Changes

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

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.