Ashtead Group PLC (OTCMKTS:ASHTY - Get Free Report) shares gapped down before the market opened 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 research 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. According to data from MarketBeat.com, Ashtead Group currently has a consensus rating of "Buy".
Check Out Our Latest Stock Report on ASHTY
Ashtead Group Price Performance
The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.20 and a current ratio of 1.29. The company has a market capitalization of $27.97 billion, a price-to-earnings ratio of 18.92, a price-to-earnings-growth ratio of 1.57 and a beta of 1.67. The company has a 50-day moving average price of $240.24 and a 200-day moving average price of $239.30.
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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