Other research analysts have also issued research reports about the company. Zacks Investment Research lowered ASHTEAD GRP PLC/ADR from a hold rating to a sell rating in a report on Tuesday, June 18th. Morgan Stanley lowered ASHTEAD GRP PLC/ADR from an overweight rating to an equal weight rating in a report on Wednesday, July 10th.
ASHTY traded down $4.26 during trading on Thursday, hitting $106.50. 5,251 shares of the stock were exchanged, compared to its average volume of 15,669. The company has a market cap of $13.10 billion, a price-to-earnings ratio of 11.77 and a beta of 1.84. ASHTEAD GRP PLC/ADR has a 1-year low of $79.77 and a 1-year high of $129.35. The company’s fifty day simple moving average is $111.40. The company has a quick ratio of 1.27, a current ratio of 1.39 and a debt-to-equity ratio of 1.34.
About ASHTEAD GRP PLC/ADR
Ashtead Group plc, together with its subsidiaries, rents a range of construction and industrial equipment. It offers equipment for use in lifting, powering, generation, moving, digging, compacting, drilling, supporting, scrubbing, pumping, directing, heating, and ventilating works. The company provides various types of construction equipment for non-residential construction markets; and facilities management equipment for the maintenance and repair of facilities.
Further Reading: How Important is Technical Analysis of Stocks
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for ASHTEAD GRP PLC/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASHTEAD GRP PLC/ADR and related companies with MarketBeat.com's FREE daily email newsletter.