Ashtead Group plc (ASHTY) to Issue Dividend of $1.44 on February 24th

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

Ashtead Group Stock Down 3.0 %

Shares of ASHTY traded down $7.76 during midday trading on Thursday, hitting $254.50. The company had a trading volume of 95,312 shares, compared to its average volume of 15,436. Ashtead Group has a 1 year low of $241.94 and a 1 year high of $337.95. The firm has a market capitalization of $27.82 billion, a P/E ratio of 18.04, a P/E/G ratio of 1.72 and a beta of 1.64. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.08 and a current ratio of 1.17. The company’s 50-day simple moving average is $309.84 and its 200-day simple moving average is $291.97.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on ASHTY shares. The Goldman Sachs Group lowered shares of Ashtead Group from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 10th. Berenberg Bank raised Ashtead Group to a “strong-buy” rating in a research report on Thursday, September 19th. Finally, Royal Bank of Canada upgraded Ashtead Group from a “hold” rating to a “moderate buy” rating in a report on Tuesday, December 3rd.

About Ashtead Group

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.