Speedy Hire (LON:SDY) Shares Up 5.4% – Still a Buy?

Shares of Speedy Hire Plc (LON:SDY) shot up 5.4% on Tuesday . The company traded as high as GBX 19.98 ($0.25) and last traded at GBX 18.97 ($0.24). 4,186,063 shares were traded during trading, an increase of 208% from the average session volume of 1,357,554 shares. The stock had previously closed at GBX 18 ($0.23).

Speedy Hire Trading Up 0.9 %

The company’s 50 day moving average price is GBX 20.09 and its two-hundred day moving average price is GBX 27.49. The firm has a market cap of £89.08 million, a PE ratio of 32.70, a P/E/G 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.

Insider Buying and Selling at Speedy Hire

In related news, insider Shatish D. Dasani acquired 70,000 shares of the firm’s stock in a transaction that occurred on Monday, February 3rd. The stock was bought at an average price of GBX 20 ($0.25) per share, for a total transaction of £14,000 ($17,820.77). Also, insider Paul A. Rayner bought 12,500 shares of the company’s stock in a transaction on Thursday, February 6th. The stock was bought at an average price of GBX 20 ($0.25) per share, for a total transaction of £2,500 ($3,182.28). Company insiders own 5.33% of the company’s stock.

Speedy Hire Company Profile

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.