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

Ashtead Technology Holdings Plc (LON:AT) insider William(Bill) Mervyn FrewCarey Shannon bought 13,000 shares of the company’s stock in a transaction dated Thursday, November 28th. The stock was bought at an average price of GBX 550 ($7.01) per share, for a total transaction of £71,500 ($91,071.20).

Ashtead Technology Stock Performance

Shares of Ashtead Technology stock opened at GBX 551 ($7.02) on Friday. The business’s fifty day simple moving average is GBX 554.44 and its 200 day simple moving average is GBX 703.48. The company has a current ratio of 1.82, a quick ratio of 1.46 and a debt-to-equity ratio of 70.83. Ashtead Technology Holdings Plc has a 12 month low of GBX 426 ($5.43) and a 12 month high of GBX 893 ($11.37). The firm has a market capitalization of £442.45 million, a P/E ratio of 1,840.00 and a beta of 0.28.

Analyst Ratings Changes

Several brokerages have weighed in on AT. Deutsche Bank Aktiengesellschaft upgraded Ashtead Technology to a “buy” rating and raised their price objective for the company from GBX 835 ($10.64) to GBX 860 ($10.95) in a research note on Tuesday, September 3rd. Berenberg Bank raised their price target on shares of Ashtead Technology from GBX 775 ($9.87) to GBX 800 ($10.19) and gave the company a “buy” rating in a research report on Thursday, October 24th.

Ashtead Technology Company Profile

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.