Ashtead Technology Holdings Plc (LON:AT - Get Free Report) shares rose 1.4% on Tuesday . The company traded as high as GBX 504 ($6.76) and last traded at GBX 498.50 ($6.69). Approximately 256,007 shares changed hands during mid-day trading, The stock had previously closed at GBX 491.50 ($6.59).
Ashtead Technology Stock Performance
The company has a market cap of £395.34 million, a price-to-earnings ratio of 16.09 and a beta of 0.28. The stock's fifty day simple moving average is GBX 506.79 and its two-hundred day simple moving average is GBX 532.14. The company has a debt-to-equity ratio of 70.83, a quick ratio of 1.46 and a current ratio of 1.82.
Ashtead Technology (LON:AT - Get Free Report) last posted its earnings results on Tuesday, March 25th. The company reported GBX 45 ($0.60) earnings per share for the quarter. Ashtead Technology had a net margin of 17.37% and a return on equity of 23.56%. Equities research analysts anticipate that Ashtead Technology Holdings Plc will post 42.8247734 EPS for the current year.
Ashtead Technology Increases Dividend
The firm also recently announced a dividend, which will be paid on Thursday, May 29th. Investors of record on Thursday, May 1st will be issued a dividend of GBX 1.20 ($0.02) per share. This is a positive change from Ashtead Technology's previous dividend of $1.10. The ex-dividend date of this dividend is Thursday, May 1st. This represents a dividend yield of 0.21%. Ashtead Technology's payout ratio is presently 3.23%.
Ashtead Technology Company Profile
(
Get Free Report)
Ashtead Technology Holdings Plc provides subsea equipment rental solutions for the offshore energy sector in Europe, the Americas, the Asia-Pacific, and the Middle East. The company offers survey and robotics equipment comprising geophysical, hydrographic, metocean, land surveying, positioning, ROV sensors, non-destructive testing, subsea inspection, remote visual inspection, and environmental products.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Ashtead Technology, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ashtead Technology wasn't on the list.
While Ashtead Technology currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
