Speedy Hire (LON:SDY) Trading Up 5.4% - Here's What Happened

Speedy Hire Plc (LON:SDY - Get Free Report) shares traded up 5.4% during mid-day trading on Monday . The stock traded as high as GBX 19.98 ($0.26) and last traded at GBX 18.97 ($0.25). 4,186,063 shares changed hands during trading, an increase of 208% from the average session volume of 1,357,554 shares. The stock had previously closed at GBX 18 ($0.24).

Speedy Hire Stock Down 1.5 %

The company's 50-day moving average is GBX 19.40 and its 200 day moving average is GBX 26.89. The stock has a market capitalization of £86.06 million, a PE ratio of 31.59, a price-to-earnings-growth ratio of 0.21 and a beta of 1.25. The company has a current ratio of 0.94, a quick ratio of 0.90 and a debt-to-equity ratio of 115.48.

Insider Buying and Selling at Speedy Hire

In other news, insider Paul A. Rayner acquired 12,500 shares of Speedy Hire stock in a transaction dated Thursday, February 6th. The stock was purchased at an average cost of GBX 20 ($0.26) per share, for a total transaction of £2,500 ($3,272.25). Also, insider Shatish D. Dasani bought 70,000 shares of the firm's stock in a transaction that occurred on Monday, February 3rd. The shares were purchased at an average cost of GBX 20 ($0.26) per share, with a total value of £14,000 ($18,324.61). 5.33% of the stock is currently owned by company insiders.

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.