Speedy Hire (LON:SDY) Stock Passes Above 200-Day Moving Average of $29.44

Speedy Hire Plc (LON:SDY) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 29.44 ($0.38) and traded as high as GBX 39 ($0.50). Speedy Hire shares last traded at GBX 39 ($0.50), with a volume of 658,447 shares trading hands.

Speedy Hire Trading Up 0.4 %

The stock has a 50 day moving average of GBX 32.86 and a 200 day moving average of GBX 29.48. The company has a debt-to-equity ratio of 97.86, a current ratio of 1.07 and a quick ratio of 0.90. The firm has a market cap of £180.12 million, a P/E ratio of -3,900.00, a PEG ratio of 0.21 and a beta of 1.25.

Speedy Hire Increases Dividend

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

Insider Buying and Selling at Speedy Hire

In other Speedy Hire news, insider Paul A. Rayner purchased 35,000 shares of the business’s stock in a transaction on Thursday, June 20th. The stock was acquired at an average cost of GBX 33 ($0.43) per share, for a total transaction of £11,550 ($14,937.92). Company insiders own 5.16% of the company’s stock.

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.