Speedy Hire (LON:SDY) Shares Cross Below Two Hundred Day Moving Average – Time to Sell?

Speedy Hire Plc (LON:SDY)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 25.19 and traded as low as GBX 20.35. Speedy Hire shares last traded at GBX 20.60, with a volume of 1,151,456 shares traded.

Speedy Hire Stock Performance

The firm’s 50 day simple moving average is GBX 23.85 and its 200 day simple moving average is GBX 25.16. The firm has a market capitalization of £101.37 million, a price-to-earnings ratio of -8.70, a PEG ratio of 0.21 and a beta of 0.82. The company has a debt-to-equity ratio of 171.05, a quick ratio of 0.90 and a current ratio of 0.46.

Insider Transactions at Speedy Hire

In other Speedy Hire news, insider Rhian Bartlett bought 1,760,000 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The stock was bought at an average cost of GBX 26 per share, for a total transaction of £457,600. 2.41% of the stock is owned by corporate insiders.

Speedy Hire Company Profile

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. It also sells access, lifting, survey, rail, and personal protective and safety equipment; various tools and equipment; and cutting, grinding, and sanding equipment, as well as site supplies.