Ashtead Technology (LON:AT - Get Free Report) issued its quarterly earnings results on Tuesday. The company reported GBX 45 ($0.58) earnings per share for the quarter, Digital Look Earnings reports. Ashtead Technology had a return on equity of 23.56% and a net margin of 17.37%.
Ashtead Technology Stock Up 1.7 %
Shares of LON AT traded up GBX 9 ($0.12) during midday trading on Friday, hitting GBX 543 ($7.03). The stock had a trading volume of 198,855 shares. Ashtead Technology has a 1 year low of GBX 426 ($5.51) and a 1 year high of GBX 893 ($11.56). The company has a debt-to-equity ratio of 70.83, a current ratio of 1.82 and a quick ratio of 1.46. The company's 50 day simple moving average is GBX 537.76. The firm has a market capitalization of £430.64 million, a P/E ratio of 17.53 and a beta of 0.28.
Ashtead Technology Increases Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, May 29th. Shareholders of record on Thursday, May 1st will be given a dividend of GBX 1.20 ($0.02) per share. The ex-dividend date of this dividend is Thursday, May 1st. This is a boost from Ashtead Technology's previous dividend of $1.10. This represents a yield of 0.21%. Ashtead Technology's dividend payout ratio is currently 3.23%.
About Ashtead Technology
(
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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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