Speedy Hire (LON:SDY) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

Speedy Hire Plc (LON:SDY)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 24.40 ($0.33) and traded as high as GBX 27.55 ($0.37). Speedy Hire shares last traded at GBX 27 ($0.37), with a volume of 379,859 shares traded.

Speedy Hire Price Performance

The company has a debt-to-equity ratio of 115.48, a current ratio of 0.94 and a quick ratio of 0.90. The firm has a market cap of £124.34 million, a price-to-earnings ratio of -11,250.00, a price-to-earnings-growth ratio of 0.21 and a beta of 1.25. The stock’s fifty day moving average price is GBX 29.71 and its 200-day moving average price is GBX 24.40.

Speedy Hire (LON:SDY) last posted its quarterly earnings data on Wednesday, June 18th. The company reported GBX 1.41 earnings per share for the quarter. Speedy Hire had a net margin of 0.64% and a return on equity of 1.51%. 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.