Ascential (LON:ASCL) Reaches New 12-Month High at $586.50

Ascential plc (LON:ASCL - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 586.50 ($7.85) and last traded at GBX 566.50 ($7.58), with a volume of 982647 shares traded. The stock had previously closed at GBX 565.50 ($7.56).

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on ASCL shares. Berenberg Bank lifted their price target on Ascential from GBX 395 ($5.28) to GBX 568 ($7.60) and gave the stock a "hold" rating in a research note on Thursday, July 25th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 433 ($5.79) target price on shares of Ascential in a research note on Tuesday, June 18th.

Ascential Stock Up 0.2 %

The company has a debt-to-equity ratio of 4.25, a quick ratio of 0.92 and a current ratio of 0.90. The company has a market cap of £1.15 billion, a PE ratio of 4,720.83, a PEG ratio of 1.06 and a beta of 1.22. The firm has a fifty day simple moving average of GBX 568.40 and a 200 day simple moving average of GBX 412.72.

Insider Transactions at Ascential

In other news, insider Mandy Gradden sold 12,171 shares of the business's stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of GBX 569 ($7.61), for a total transaction of £69,252.99 ($92,633.75). Company insiders own 5.35% of the company's stock.

About Ascential

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.