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

Speedy Hire Plc (LON:SDY) announced a dividend on Thursday, November 21st,Upcoming Dividends.Co.Uk reports. Stockholders 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 dividend yield of 2.76%. The ex-dividend date of this dividend is Thursday, December 5th. The official announcement can be accessed at this link.

Speedy Hire Price Performance

SDY opened at GBX 28.20 ($0.35) on Friday. Speedy Hire has a one year low of GBX 22.50 ($0.28) and a one year high of GBX 41 ($0.51). The company has a debt-to-equity ratio of 115.48, a current ratio of 0.94 and a quick ratio of 0.90. The company’s 50 day simple moving average is GBX 34.37 and its 200-day simple moving average is GBX 34.24. The stock has a market capitalization of £130.24 million, a P/E ratio of 2,820.00, a price-to-earnings-growth ratio of 0.21 and a beta of 1.25.

Insider Buying and Selling at Speedy Hire

In other Speedy Hire news, insider Paul A. Rayner acquired 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, with a total value of £18,200 ($22,815.59). Insiders own 5.33% of the company’s stock.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 70 ($0.88) price objective on shares of Speedy Hire in a research note on Thursday.

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.