Speedy Hire (LON:SDY) Shares Pass Above Two Hundred Day Moving Average – What’s Next?

Speedy Hire Plc (LON:SDY)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 23.34 ($0.32) and traded as high as GBX 28.50 ($0.39). Speedy Hire shares last traded at GBX 28.10 ($0.38), with a volume of 391,931 shares.

Speedy Hire Trading Up 1.1%

The company has a market cap of £131.97 million, a price-to-earnings ratio of 48.44, a price-to-earnings-growth ratio of 0.21 and a beta of 1.25. The business’s fifty day moving average price is GBX 23.79 and its 200 day moving average price is GBX 23.34. The company has a debt-to-equity ratio of 115.48, a current ratio of 0.94 and a quick ratio of 0.90.

Speedy Hire (LON:SDY) last announced its earnings results on Wednesday, June 18th. The company reported GBX 1.41 ($0.02) EPS for the quarter. Speedy Hire had a return on equity of 1.51% and a net margin of 0.64%. Research analysts anticipate that Speedy Hire Plc will post 3.6102868 earnings per share for the current fiscal year.

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