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Ashtead Technology (LON:AT) Stock Price Up 4.2% - Time to Buy?

Ashtead Technology logo with Energy background

Ashtead Technology Holdings Plc (LON:AT - Get Free Report) traded up 4.2% during trading on Friday . The stock traded as high as GBX 459.50 ($6.27) and last traded at GBX 456 ($6.22). 340,227 shares were traded during mid-day trading, The stock had previously closed at GBX 437.50 ($5.97).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a "buy" rating and set a GBX 800 ($10.92) target price on shares of Ashtead Technology in a research note on Wednesday, April 30th.

View Our Latest Analysis on Ashtead Technology

Ashtead Technology Stock Down 3.3%

The company has a market cap of £349.74 million, a PE ratio of 14.24 and a beta of 0.28. The firm has a 50-day simple moving average of GBX 450.28 and a two-hundred day simple moving average of GBX 499.15. The company has a debt-to-equity ratio of 70.83, a current ratio of 1.82 and a quick ratio of 1.46.

About Ashtead Technology

(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.

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