Insider Buying: Speedy Hire Plc (SDY) Insider Purchases 50,000 Shares of Stock
Speedy Hire Plc (LON:SDY) insider David N. C. Garman purchased 50,000 shares of the company’s stock in a transaction that occurred on Thursday, July 13th. The stock was acquired at an average cost of GBX 56 ($0.73) per share, for a total transaction of £28,000 ($36,269.43).
Speedy Hire Plc (SDY) traded down 1.79% during trading on Thursday, hitting GBX 55.00. 10 shares of the company’s stock traded hands. The stock’s market cap is GBX 285.69 million. Speedy Hire Plc has a 12 month low of GBX 29.80 and a 12 month high of GBX 60.00. The company’s 50 day moving average is GBX 55.75 and its 200-day moving average is GBX 52.84.
The company also recently announced a dividend, which will be paid on Friday, August 11th. Stockholders of record on Thursday, July 6th will be paid a GBX 0.67 ($0.01) dividend. This represents a dividend yield of 1.21%. The ex-dividend date is Thursday, July 6th. This is an increase from Speedy Hire Plc’s previous dividend of $0.33.
COPYRIGHT VIOLATION NOTICE: “Insider Buying: Speedy Hire Plc (SDY) Insider Purchases 50,000 Shares of Stock” was originally posted by American Banking News and is the property of of American Banking News. If you are reading this article on another website, it was stolen and republished in violation of U.S. and international copyright & trademark law. The legal version of this article can be viewed at https://www.americanbankingnews.com/2017/07/13/insider-buying-speedy-hire-plc-sdy-insider-purchases-50000-shares-of-stock.html.
Several research firms have commented on SDY. Beaufort Securities reissued a “hold” rating on shares of Speedy Hire Plc in a research report on Wednesday, May 17th. Peel Hunt reissued a “buy” rating and set a GBX 60 ($0.78) target price on shares of Speedy Hire Plc in a research report on Wednesday. Liberum Capital reissued a “buy” rating and set a GBX 62 ($0.80) target price on shares of Speedy Hire Plc in a research report on Wednesday. N+1 Singer reissued a “hold” rating and set a GBX 56 ($0.73) target price on shares of Speedy Hire Plc in a research report on Tuesday, May 16th. Finally, Panmure Gordon reissued a “buy” rating and set a GBX 70 ($0.91) target price on shares of Speedy Hire Plc in a research 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 stock. The stock has a consensus rating of “Buy” and an average target price of GBX 62 ($0.80).
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.
Receive News & Ratings for Speedy Hire Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Speedy Hire Plc and related companies with MarketBeat.com's FREE daily email newsletter.