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Speedy Hire (LON:SDY) Shares Pass Below 200-Day Moving Average - Time to Sell?

Speedy Hire logo with Industrials background

Speedy Hire Plc (LON:SDY - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 24.81 ($0.33) and traded as low as GBX 21.60 ($0.29). Speedy Hire shares last traded at GBX 23.45 ($0.31), with a volume of 1,422,622 shares traded.

Speedy Hire Trading Up 7.1 %

The company has a debt-to-equity ratio of 115.48, a quick ratio of 0.90 and a current ratio of 0.94. The company has a market capitalization of £108.97 million, a PE ratio of 40.00, a PEG ratio of 0.21 and a beta of 1.25. The stock has a fifty day moving average of GBX 19.78 and a 200 day moving average of GBX 24.81.

Speedy Hire Company Profile

(Get Free Report)

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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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