Speedy Hire (LON:SDY) Given “Buy” Rating at Peel Hunt

Speedy Hire (LON:SDY)‘s stock had its “buy” rating reiterated by investment analysts at Peel Hunt in a note issued to investors on Friday, August 30th, ThisIsMoney.Co.Uk reports.

Separately, Liberum Capital reissued a “buy” rating on shares of Speedy Hire in a report on Thursday, July 11th.

Shares of SDY traded up GBX 1 ($0.01) during midday trading on Friday, hitting GBX 54 ($0.71). The company’s stock had a trading volume of 28,107,164 shares, compared to its average volume of 453,619. The company has a quick ratio of 1.17, a current ratio of 1.30 and a debt-to-equity ratio of 47.92. Speedy Hire has a one year low of GBX 47.30 ($0.62) and a one year high of GBX 66 ($0.86). The stock has a market capitalization of $283.70 million and a price-to-earnings ratio of 12.86. The company’s fifty day simple moving average is GBX 50.51 and its two-hundred day simple moving average is GBX 56.68.

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, 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.

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