Speedy Hire (LON:SDY) Stock Passes Above 200 Day Moving Average - Should You Sell?

Key Points

• Speedy Hire's stock has crossed above its 200-day moving average, reaching a high of GBX 31.70 ($0.43) during trading.
• The company's latest earnings report revealed an EPS of GBX 1.41, with analysts estimating the annual EPS to be around 3.61.
• Speedy Hire Plc operates within the construction and industrial markets, providing a wide range of tool and equipment hire services in the UK and Ireland.

Speedy Hire Plc (LON:SDY - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 24 ($0.32) and traded as high as GBX 31.70 ($0.43). Speedy Hire shares last traded at GBX 29.05 ($0.39), with a volume of 390,827 shares traded.

Speedy Hire Stock Down 5.6%

The firm has a market capitalization of £129.41 million, a price-to-earnings ratio of 47.50, a P/E/G ratio of 0.21 and a beta of 1.25. The stock has a 50 day moving average of GBX 29.64 and a 200 day moving average of GBX 24.16. The company has a quick ratio of 0.90, a current ratio of 0.94 and a debt-to-equity ratio of 115.48.

Speedy Hire (LON:SDY - Get Free Report) last posted its quarterly earnings results on Wednesday, June 18th. The company reported GBX 1.41 EPS for the quarter. Speedy Hire had a return on equity of 1.51% and a net margin of 0.64%. As a group, analysts expect that Speedy Hire Plc will post 3.6102868 earnings per share for the current fiscal year.

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.