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Speedy Hire ( (GB:SDY) ) has shared an announcement.
Speedy Hire Plc announced a transaction involving the purchase of 200,000 ordinary shares by David Garman, a Non-Executive Director, at a price of £0.2915 per share, totaling £58,300. This transaction, conducted on the London Stock Exchange, may indicate confidence in the company’s future performance and could impact stakeholder perceptions positively.
The most recent analyst rating on (GB:SDY) stock is a Hold with a £28.00 price target. To see the full list of analyst forecasts on Speedy Hire stock, see the GB:SDY Stock Forecast page.
Spark’s Take on GB:SDY Stock
According to Spark, TipRanks’ AI Analyst, GB:SDY is a Neutral.
Speedy Hire’s overall stock score is primarily impacted by its financial performance challenges, including declining revenue and profitability issues. Technical analysis suggests caution due to overbought conditions, despite recent upward momentum. The high dividend yield offers some appeal, but the negative P/E ratio highlights significant risks.
To see Spark’s full report on GB:SDY stock, click here.
More about Speedy Hire
Speedy Hire Plc operates in the equipment rental industry, providing tools and equipment for hire to various sectors, including construction and infrastructure. The company focuses on delivering efficient and reliable equipment solutions to its clients.
Average Trading Volume: 1,089,187
Technical Sentiment Signal: Buy
Current Market Cap: £133.5M
See more insights into SDY stock on TipRanks’ Stock Analysis page.