Speedy Hire (LON:SDY) Stock Crosses Below Two Hundred Day Moving Average of $56.19

Speedy Hire Plc (LON:SDY)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $56.19 and traded as low as $51.80. Speedy Hire shares last traded at $55.40, with a volume of 6,517,751 shares.

SDY has been the topic of a number of recent analyst reports. Peel Hunt reiterated a “buy” rating on shares of Speedy Hire in a report on Thursday, October 3rd. Liberum Capital reiterated a “buy” rating on shares of Speedy Hire in a report on Thursday, October 3rd.

The stock has a market capitalization of $291.06 million and a price-to-earnings ratio of 13.19. The business has a fifty day moving average of GBX 50.79 and a 200 day moving average of GBX 56.19. The company has a debt-to-equity ratio of 47.92, a current ratio of 1.30 and a quick ratio of 1.17.

Speedy Hire Company Profile (LON:SDY)

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, Ireland, the United Arab Emirates, and internationally. The company hires a range of tools and accessories, including access, lighting, survey, lifting, rail, safety equipment and ATEX, plant, site and traffic management, communications, and pipework and engineering equipment; compressors, generators, and pumps; and heating, ventilation, and cooling equipment.

Read More: What is a Market Correction?

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.