Ashtead Group PLC (OTCMKTS:ASHTY - Get Free Report)'s share price gapped down prior to trading on Friday . The stock had previously closed at $270.70, but opened at $260.06. Ashtead Group shares last traded at $262.31, with a volume of 1,396 shares changing hands.
Wall Street Analyst Weigh In
Separately, Royal Bank Of Canada downgraded Ashtead Group from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, April 29th. Two equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy".
Read Our Latest Analysis on ASHTY
Ashtead Group Trading Down 2.6%
The company has a quick ratio of 1.20, a current ratio of 1.29 and a debt-to-equity ratio of 0.98. The firm has a market cap of $28.19 billion, a price-to-earnings ratio of 19.06, a price-to-earnings-growth ratio of 1.57 and a beta of 1.67. The business has a 50 day moving average of $239.37 and a 200 day moving average of $239.38.
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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