Shares of Ashtead Group PLC (OTCMKTS:ASHTY - Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 41,260 shares traded hands during trading, an increase of 12% from the previous session's volume of 36,817 shares.The stock last traded at $254.53 and had previously closed at $258.96.
Analysts Set New Price Targets
A number of brokerages have issued reports on ASHTY. Royal Bank Of Canada cut Ashtead Group from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, April 29th. Morgan Stanley restated an "overweight" rating on shares of Ashtead Group in a research note on Wednesday, March 5th. Two analysts have rated the stock with a hold rating, one has issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, Ashtead Group presently has an average rating of "Buy".
Read Our Latest Research Report on Ashtead Group
Ashtead Group Stock Performance
The company has a debt-to-equity ratio of 0.98, a current ratio of 1.29 and a quick ratio of 1.20. The firm has a fifty day moving average of $233.95 and a 200 day moving average of $239.04. The stock has a market capitalization of $28.35 billion, a price-to-earnings ratio of 19.14, a price-to-earnings-growth ratio of 1.58 and a beta of 1.67.
Ashtead Group Company Profile
(
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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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