Speedy Hire Plc (LON:SDY) Plans GBX 0.80 Dividend

Speedy Hire Plc (LON:SDY) announced a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, December 5th will be given a dividend of GBX 0.80 ($0.01) per share on Friday, January 17th. This represents a yield of 2.76%. The ex-dividend date of this dividend is Thursday, December 5th. The official announcement can be seen at this link.

Speedy Hire Trading Up 1.2 %

LON:SDY opened at GBX 28.13 ($0.35) on Friday. Speedy Hire has a 52-week low of GBX 22.50 ($0.28) and a 52-week high of GBX 41 ($0.52). The company has a quick ratio of 0.90, a current ratio of 0.94 and a debt-to-equity ratio of 115.48. The stock has a fifty day simple moving average of GBX 34.56 and a 200-day simple moving average of GBX 34.29. The company has a market capitalization of £129.89 million, a PE ratio of 2,650.00, a price-to-earnings-growth ratio of 0.21 and a beta of 1.25.

Insider Buying and Selling at Speedy Hire

In other news, insider Paul A. Rayner bought 105,000 shares of Speedy Hire stock in a transaction on Tuesday, September 24th. The shares were bought at an average cost of GBX 36 ($0.45) per share, for a total transaction of £37,800 ($47,589.07). 5.33% of the stock is owned by insiders.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 70 ($0.88) price target on shares of Speedy Hire in a report on Thursday.

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.