Speedy Hire (LON:SDY) Sets New 52-Week High at $40.10

Speedy Hire Plc (LON:SDY)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 40.10 ($0.51) and last traded at GBX 40.10 ($0.51), with a volume of 5828099 shares trading hands. The stock had previously closed at GBX 38.15 ($0.49).

Speedy Hire Stock Performance

The company has a debt-to-equity ratio of 97.86, a quick ratio of 0.90 and a current ratio of 1.07. The company has a market capitalization of £185.20 million, a P/E ratio of -3,832.80, a price-to-earnings-growth ratio of 0.21 and a beta of 1.25. The business has a 50 day moving average of GBX 30.19 and a 200-day moving average of GBX 28.92.

Speedy Hire Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, September 20th. Investors of record on Thursday, August 8th will be paid a dividend of GBX 1.80 ($0.02) per share. This represents a dividend yield of 5.85%. This is a positive change from Speedy Hire’s previous dividend of $0.80. The ex-dividend date of this dividend is Thursday, August 8th. Speedy Hire’s payout ratio is presently -30,000.00%.

Insider Activity at Speedy Hire

In other Speedy Hire news, insider Paul A. Rayner bought 35,000 shares of the firm’s stock in a transaction on Thursday, June 20th. The shares were acquired at an average cost of GBX 33 ($0.42) per share, for a total transaction of £11,550 ($14,794.42). 5.16% of the stock is currently owned by corporate insiders.

Speedy Hire Company Profile

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.