Shares of Speedy Hire Plc (LON:SDY – Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 21.88 and traded as low as GBX 18.90. Speedy Hire shares last traded at GBX 18.90, with a volume of 2,290,162 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reduced their target price on Speedy Hire from GBX 70 to GBX 63 and set a “buy” rating on the stock in a report on Wednesday, June 17th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Speedy Hire presently has a consensus rating of “Buy” and an average target price of GBX 63.
View Our Latest Stock Report on Speedy Hire
Speedy Hire Stock Up 1.3%
Speedy Hire (LON:SDY – Get Free Report) last released its quarterly earnings results on Wednesday, June 17th. The company reported GBX (1.71) earnings per share (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%. As a group, equities research analysts predict that Speedy Hire Plc will post 3.6102868 EPS for the current fiscal year.
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.
See Also
- Five stocks we like better than Speedy Hire
- Could Truth API Become Trump Media’s First Meaningful Revenue Driver?
- Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying
- Moog Is More Than a Missile Maker, and Wall Street Is Noticing
- A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
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.
