Ashtead Group PLC (OTCMKTS:ASHTY - Get Free Report) shares saw unusually-high trading volume on Tuesday . Approximately 28,741 shares changed hands during mid-day trading, a decline of 22% from the previous session's volume of 36,826 shares.The stock last traded at $257.92 and had previously closed at $262.00.
Analysts Set New Price Targets
Separately, Royal Bank Of Canada downgraded shares of Ashtead Group from a "moderate buy" rating to a "hold" rating in a report on Tuesday, April 29th. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy".
Get Our Latest Stock Report on Ashtead Group
Ashtead Group Stock Performance
The company's fifty day simple moving average is $236.40 and its two-hundred day simple moving average is $238.95. The stock has a market cap of $27.92 billion, a price-to-earnings ratio of 18.87, a P/E/G ratio of 1.56 and a beta of 1.67. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.29 and a quick ratio of 1.20.
About Ashtead Group
(
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Ashtead Group plc, together with its subsidiaries, engages in the construction, industrial, and general equipment rental business in the United States, the United Kingdom, and Canada. It provides pumps, power generation, heating, cooling, scaffolding, traffic management, temporary flooring, trench shoring, and lifting services.
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