Shares of Ashtead Group plc (OTCMKTS:ASHTY – Get Free Report) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $310.72 and last traded at $310.10, with a volume of 14426 shares trading hands. The stock had previously closed at $294.93.
Ashtead Group Trading Up 5.1 %
The company has a 50 day moving average of $282.91 and a 200-day moving average of $265.41. The stock has a market cap of $33.90 billion, a price-to-earnings ratio of 21.01, a price-to-earnings-growth ratio of 3.49 and a beta of 1.77. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.24 and a current ratio of 1.36.
Ashtead Group (OTCMKTS:ASHTY – Get Free Report) last released its earnings results on Tuesday, March 5th. The company reported $3.24 earnings per share for the quarter, beating the consensus estimate of $3.15 by $0.09. The company had revenue of $2.36 billion during the quarter, compared to the consensus estimate of $2.62 billion. Ashtead Group had a return on equity of 26.48% and a net margin of 16.64%. On average, research analysts anticipate that Ashtead Group plc will post 15.3 earnings per share for the current year.
Ashtead Group Company Profile
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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