Speedy Hire Plc (SDY) Insider Buys £15,950 in Stock
Speedy Hire Plc (LON:SDY) insider Rob Barclay bought 29,000 shares of the firm’s stock in a transaction on Thursday, June 15th. The shares were purchased at an average price of GBX 55 ($0.70) per share, for a total transaction of £15,950 ($20,177.10).
Speedy Hire Plc (LON:SDY) traded down 0.45% during midday trading on Thursday, reaching GBX 54.75. The company’s stock had a trading volume of 233,692 shares. The stock’s 50-day moving average price is GBX 55.17 and its 200-day moving average price is GBX 52.20. Speedy Hire Plc has a 12 month low of GBX 29.50 and a 12 month high of GBX 60.00. The firm’s market capitalization is GBX 284.39 million.
The company also recently disclosed a dividend, which will be paid on Friday, August 11th. Investors of record on Thursday, July 6th will be issued a dividend of GBX 0.67 ($0.01) per share. This represents a dividend yield of 1.21%. This is a positive change from Speedy Hire Plc’s previous dividend of $0.33. The ex-dividend date is Thursday, July 6th.
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A number of analysts have commented on SDY shares. N+1 Singer reiterated a “hold” rating and set a GBX 56 ($0.71) target price on shares of Speedy Hire Plc in a research report on Tuesday, May 16th. Beaufort Securities reissued a “hold” rating on shares of Speedy Hire Plc in a report on Wednesday, May 17th. Panmure Gordon reissued a “buy” rating and issued a GBX 70 ($0.89) price target on shares of Speedy Hire Plc in a report on Tuesday, May 16th. Liberum Capital boosted their price target on Speedy Hire Plc from GBX 56 ($0.71) to GBX 62 ($0.78) and gave the stock a “buy” rating in a report on Tuesday, May 16th. Finally, Peel Hunt reissued a “buy” rating and issued a GBX 60 ($0.76) price target on shares of Speedy Hire Plc in a report on Tuesday, May 16th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of GBX 62 ($0.78).
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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