Ashtead Group plc (OTCMKTS:ASHTY) Announces Dividend of $1.44

Ashtead Group plc (OTCMKTS:ASHTY) declared a dividend on Tuesday, December 17th,NASDAQ Dividends reports. Stockholders of record on Friday, January 10th will be paid a dividend of 1.44 per share on Monday, February 24th. The ex-dividend date is Friday, January 10th.

Ashtead Group Trading Down 3.0 %

Shares of ASHTY stock traded down $7.76 during mid-day trading on Thursday, reaching $254.50. The stock had a trading volume of 95,312 shares, compared to its average volume of 15,436. The company has a current ratio of 1.17, a quick ratio of 1.08 and a debt-to-equity ratio of 1.08. The stock’s 50-day moving average price is $309.84 and its two-hundred day moving average price is $291.97. The firm has a market capitalization of $27.82 billion, a PE ratio of 18.04, a price-to-earnings-growth ratio of 1.72 and a beta of 1.64. Ashtead Group has a 52-week low of $241.94 and a 52-week high of $337.95.

Wall Street Analysts Forecast Growth

ASHTY has been the topic of several research analyst reports. Berenberg Bank upgraded shares of Ashtead Group to a “strong-buy” rating in a research report on Thursday, September 19th. The Goldman Sachs Group downgraded Ashtead Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 10th. Finally, Royal Bank of Canada upgraded Ashtead Group from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, December 3rd.

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.