Ashtead Technology Holdings Plc (LON:AT) Insider William(Bill) Mervyn FrewCarey Shannon Acquires 13,000 Shares

Ashtead Technology Holdings Plc (LON:AT) insider William(Bill) Mervyn FrewCarey Shannon acquired 13,000 shares of the stock in a transaction on Thursday, November 28th. The stock was purchased at an average cost of GBX 550 ($6.98) per share, with a total value of £71,500 ($90,759.08).

Ashtead Technology Stock Performance

Shares of AT opened at GBX 552 ($7.01) on Friday. The business’s fifty day moving average price is GBX 554.10 and its 200 day moving average price is GBX 704.54. Ashtead Technology Holdings Plc has a 12-month low of GBX 426 ($5.41) and a 12-month high of GBX 893 ($11.34). The stock has a market capitalization of £443.26 million, a PE ratio of 1,813.33 and a beta of 0.28. The company has a debt-to-equity ratio of 70.83, a current ratio of 1.82 and a quick ratio of 1.46.

Analyst Ratings Changes

Several research firms have recently commented on AT. Deutsche Bank Aktiengesellschaft upgraded Ashtead Technology to a “buy” rating and increased their target price for the company from GBX 835 ($10.60) to GBX 860 ($10.92) in a research note on Tuesday, September 3rd. Berenberg Bank increased their target price on Ashtead Technology from GBX 775 ($9.84) to GBX 800 ($10.15) and gave the company a “buy” rating in a research note on Thursday, October 24th.

About Ashtead Technology

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.