David J. B. Shearer Acquires 50,000 Shares of Speedy Hire Plc (SDY) Stock
Speedy Hire Plc (LON:SDY) insider David J. B. Shearer acquired 50,000 shares of the stock in a transaction that occurred on Monday, March 20th. The shares were bought at an average price of GBX 49 ($0.61) per share, with a total value of £24,500 ($30,258.12).
Speedy Hire Plc (LON:SDY) opened at 49.75 on Tuesday. The firm’s 50-day moving average price is GBX 50.95 and its 200-day moving average price is GBX 45.05. Speedy Hire Plc has a 12 month low of GBX 29.50 and a 12 month high of GBX 54.24. The firm’s market cap is GBX 258.35 million.
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SDY has been the subject of a number of recent research reports. Peel Hunt restated a “buy” rating and set a GBX 50 ($0.62) price objective on shares of Speedy Hire Plc in a research note on Monday, December 19th. Panmure Gordon restated a “buy” rating and set a GBX 70 ($0.86) price objective on shares of Speedy Hire Plc in a research note on Monday, December 19th. Liberum Capital restated a “buy” rating and set a GBX 49 ($0.61) price objective on shares of Speedy Hire Plc in a research note on Monday, December 19th. N+1 Singer restated a “hold” rating and set a GBX 56 ($0.69) price objective on shares of Speedy Hire Plc in a research note on Thursday, February 9th. Finally, Beaufort Securities restated a “hold” rating on shares of Speedy Hire Plc in a research note on Wednesday, February 8th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of GBX 56.40 ($0.70).
About Speedy Hire Plc
Speedy Hire Plc is a tools, equipment and plant hire services company. The Company’s segments include UK & Ireland Asset Services and International Asset Services. UK & Ireland Asset Services delivers asset management and focuses on relationship management. International Asset Services delivers overseas projects and facilities management contracts by providing a managed site support service.
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