Speedy Hire (LON:SDY) Trading 5.3% Higher - Time to Buy?

Speedy Hire Plc (LON:SDY - Get Free Report) was up 5.3% during mid-day trading on Monday . The company traded as high as GBX 19.18 ($0.25) and last traded at GBX 18.96 ($0.25). Approximately 348,898 shares changed hands during trading, a decline of 73% from the average daily volume of 1,301,125 shares. The stock had previously closed at GBX 18 ($0.24).

Speedy Hire Trading Down 1.5 %

The stock has a market cap 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's 50-day moving average price is GBX 19.40 and its 200 day moving average price is GBX 26.89. The company has a debt-to-equity ratio of 115.48, a quick ratio of 0.90 and a current ratio of 0.94.

Insider Transactions at Speedy Hire

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

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.