Ascential (LON:ASCL) Reaches New 52-Week High at $580.00

Ascential plc (LON:ASCL - Get Free Report) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 580 ($7.41) and last traded at GBX 571.50 ($7.30), with a volume of 480105 shares trading hands. The stock had previously closed at GBX 571 ($7.29).

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Berenberg Bank increased their price target on shares of Ascential from GBX 395 ($5.04) to GBX 568 ($7.25) and gave the stock a "hold" rating in a report on Thursday, July 25th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 433 ($5.53) target price on shares of Ascential in a research note on Tuesday, June 18th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of GBX 428.67 ($5.47).

Ascential Stock Up 0.1 %

The stock has a market cap of £1.15 billion, a price-to-earnings ratio of 4,762.50, a PEG ratio of 1.06 and a beta of 1.23. The business's 50 day moving average is GBX 424.55 and its 200-day moving average is GBX 349.90. The company has a debt-to-equity ratio of 4.25, a quick ratio of 0.92 and a current ratio of 0.90.

Ascential Company Profile

Ascential plc provides specialist information, analytics, and e-commerce optimization platforms in the United Kingdom, rest of Europe, the United States, Canada, China, rest of the Asia Pacific, the Middle East, Africa, and Latin America. The company operates in two segments, Marketing and Financial Technology.