Speedy Hire Plc (SDY) To Go Ex-Dividend on December 5th

Speedy Hire Plc (LON:SDY) declared a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Investors 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 is Thursday, December 5th. The official announcement can be viewed at this link.

Speedy Hire Stock Down 0.7 %

Shares of Speedy Hire stock traded down GBX 0.21 ($0.00) during midday trading on Tuesday, reaching GBX 31.09 ($0.39). 498,736 shares of the company’s stock traded hands, compared to its average volume of 1,342,254. The company has a debt-to-equity ratio of 115.48, a quick ratio of 0.90 and a current ratio of 0.94. 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’s 50 day simple moving average is GBX 33.44 and its 200 day simple moving average is GBX 34.40. The company has a market cap of £143.59 million, a price-to-earnings ratio of 3,130.00, a price-to-earnings-growth ratio of 0.21 and a beta of 1.25.

Insider Transactions at Speedy Hire

In other news, insider Paul A. Rayner purchased 65,000 shares of Speedy Hire stock in a transaction on Friday, November 22nd. The shares were purchased at an average cost of GBX 28 ($0.35) per share, for a total transaction of £18,200 ($23,035.06). Also, insider David J. B. Shearer acquired 150,000 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were bought at an average cost of GBX 28 ($0.35) per share, with a total value of £42,000 ($53,157.83). In the last 90 days, insiders have purchased 320,000 shares of company stock worth $9,800,000. 5.33% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 70 ($0.89) price objective on shares of Speedy Hire in a research note on Thursday, November 21st.

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.