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.

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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.

Insider Buying and Selling by Quarter for Speedy Hire Plc (LON:SDY)

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