Ashtead Group PLC (OTCMKTS:ASHTY - Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 121,422 shares changed hands during mid-day trading, an increase of 208% from the previous session's volume of 39,377 shares.The stock last traded at $265.59 and had previously closed at $259.50.
Analyst Ratings Changes
Separately, Royal Bank Of Canada lowered Ashtead Group from a "moderate buy" rating to a "hold" rating in a research note on Tuesday, April 29th. Two research analysts have rated the stock with a hold rating, one has issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Ashtead Group currently has an average rating of "Buy".
Read Our Latest Stock Report on ASHTY
Ashtead Group Stock Performance
The stock has a market cap of $29.74 billion, a PE ratio of 20.14, a price-to-earnings-growth ratio of 1.59 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. The business has a 50 day moving average price of $246.92 and a two-hundred day moving average price of $240.39.
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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