Liberum Capital Reaffirms “Buy” Rating for Speedy Hire (LON:SDY)

Speedy Hire (LON:SDY)‘s stock had its “buy” rating reissued by equities researchers at Liberum Capital in a research note issued to investors on Friday, ThisIsMoney.Co.Uk reports.

Separately, Peel Hunt reiterated a “buy” rating on shares of Speedy Hire in a report on Thursday, October 31st.

Shares of SDY stock traded down GBX 0.60 ($0.01) during trading hours on Friday, reaching GBX 54 ($0.71). The company had a trading volume of 106,884 shares, compared to its average volume of 453,619. The business has a fifty day simple moving average of GBX 54.02 and a 200-day simple moving average of GBX 56.22. The company has a market cap of $283.70 million and a price-to-earnings ratio of 12.86. Speedy Hire has a 12 month low of GBX 45 ($0.59) and a 12 month high of GBX 65 ($0.85). The company has a debt-to-equity ratio of 47.92, a current ratio of 1.30 and a quick ratio of 1.17.

About Speedy Hire

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, Ireland, the United Arab Emirates, and internationally. The company hires a range of tools and accessories, including access, lighting, survey, lifting, rail, safety equipment and ATEX, plant, site and traffic management, communications, and pipework and engineering equipment; compressors, generators, and pumps; and heating, ventilation, and cooling equipment.

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