Shatish D. Dasani Purchases 70,000 Shares of Speedy Hire Plc (LON:SDY) Stock

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

Speedy Hire Price Performance

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

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

Speedy Hire Cuts Dividend

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

Analyst Ratings Changes

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