Ashtead Technology Holdings Plc (LON:AT - Get Free Report)'s share price dropped 1.4% during trading on Monday . The company traded as low as GBX 542 ($7.02) and last traded at GBX 546 ($7.07). Approximately 180,091 shares changed hands during trading, The stock had previously closed at GBX 554 ($7.17).
Ashtead Technology Stock Performance
The firm has a 50-day simple moving average of GBX 537.76. The firm has a market cap of £433.02 million, a price-to-earnings ratio of 17.63 and a beta of 0.28. The company has a quick ratio of 1.46, a current ratio of 1.82 and a debt-to-equity ratio of 70.83.
Ashtead Technology (LON:AT - Get Free Report) last issued its earnings results on Tuesday, March 25th. The company reported GBX 45 ($0.58) EPS for the quarter. Ashtead Technology had a return on equity of 23.56% and a net margin of 17.37%. On average, sell-side analysts anticipate that Ashtead Technology Holdings Plc will post 42.8247734 EPS for the current fiscal year.
Ashtead Technology Increases Dividend
The business also recently announced a dividend, which will be paid on Thursday, May 29th. Shareholders of record on Thursday, May 1st will be given a GBX 1.20 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, May 1st. This represents a yield of 0.21%. This is a positive change from Ashtead Technology's previous dividend of $1.10. Ashtead Technology's dividend payout ratio (DPR) is currently 3.23%.
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.
Further Reading
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