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The latest update is out from Speedy Hire ( (GB:SDY) ).
Speedy Hire Plc announced transactions involving the purchase of ordinary shares by Shatish Dasani, a Non-Executive Director, and Dina Dasani, a person closely associated with him. These transactions, conducted on the London Stock Exchange, involved the acquisition of 10,500 and 49,500 shares at prices of £0.276 and £0.278 respectively. This move may reflect confidence in the company’s market position and future prospects.
The most recent analyst rating on (GB:SDY) stock is a Buy with a £60.00 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.
The overall stock score reflects significant financial and technical challenges. The company’s profitability and cash flow issues, coupled with bearish technical indicators, weigh heavily on the score. While the high dividend yield offers some appeal, it is overshadowed by the broader financial 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, infrastructure, and industrial markets. The company focuses on offering a wide range of products and services to support its clients’ operational needs.
Average Trading Volume: 999,508
Technical Sentiment Signal: Strong Sell
Current Market Cap: £110.9M
For detailed information about SDY stock, go to TipRanks’ Stock Analysis page.