Shares of Speedy Hire Plc (LON:SDY – Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 22.14 and traded as low as GBX 19.30. Speedy Hire shares last traded at GBX 19.30, with a volume of 442,377 shares.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group lowered their price target on Speedy Hire from GBX 70 to GBX 63 and set a “buy” rating on the stock in a research note on Wednesday, June 17th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, Speedy Hire currently has an average rating of “Buy” and an average price target of GBX 63.
Get Our Latest Stock Analysis on Speedy Hire
Speedy Hire Stock Performance
Speedy Hire (LON:SDY – Get Free Report) last released its quarterly earnings results on Wednesday, June 17th. The company reported GBX (1.71) EPS for the quarter. The firm had revenue of £416.10 million during the quarter. Speedy Hire had a negative net margin of 6.39% and a negative return on equity of 19.68%. Equities analysts forecast that Speedy Hire Plc will post 3.6102868 EPS for the current 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. 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.
Featured Stories
- Five stocks we like better than Speedy Hire
- Power Struggle: Wolfspeed Sues Navitas Over AI Chips
- Why WD-40 Is Proving Great Businesses Never Go Out of Style
- Pushing the Edge: Super Micro Computer Reboots the AI Landscape
- MarketBeat Week in Review – 07/06 – 07/10
Receive News & Ratings for Speedy Hire Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Speedy Hire and related companies with MarketBeat.com's FREE daily email newsletter.
