Ashtead Technology Holdings Plc (LON:AT - Get Free Report) insider Ingrid Stewart sold 82,471 shares of the stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of GBX 743 ($9.18), for a total transaction of £612,759.53 ($756,867.01).
Ashtead Technology Price Performance
AT opened at GBX 742 ($9.17) on Tuesday. The firm has a market cap of £593.23 million, a P/E ratio of 3,533.33 and a beta of 0.32. The business's fifty day simple moving average is GBX 728.34 and its 200 day simple moving average is GBX 614.63. Ashtead Technology Holdings Plc has a 52 week low of GBX 310 ($3.83) and a 52 week high of GBX 791 ($9.77). The company has a quick ratio of 1.46, a current ratio of 1.56 and a debt-to-equity ratio of 38.53.
Ashtead Technology Increases Dividend
The company also recently declared a dividend, which will be paid on Monday, June 3rd. Stockholders of record on Thursday, May 2nd will be issued a dividend of GBX 1.10 ($0.01) per share. The ex-dividend date of this dividend is Thursday, May 2nd. This is an increase from Ashtead Technology's previous dividend of $1.00. This represents a dividend yield of 0.15%. Ashtead Technology's payout ratio is 476.19%.
Analysts Set New Price Targets
Separately, Berenberg Bank upped their target price on Ashtead Technology from GBX 700 ($8.65) to GBX 775 ($9.57) and gave the company a "buy" rating in a research note on Tuesday, April 16th.
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Ashtead Technology Company Profile
(
Get Free Report)
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. It 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; mechanical solutions, consisting of subsea cutting, coating removal and cleaning, subsea dredging, ROV and driver tooling, intervention skids, topside support, recovery tools, pumps, reels, ancillary deck equipment, and fabrication solutions; and asset integrity solutions, including imaging and inspection, oceanographic, marine growth removal, monitoring, mooring and riser inspection, environmental monitoring, offshore construction and life of asset monitoring, offshore wind foundation inspection, analysis, 3D imaging and metrology, and remote operations.
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