Ashtead Group PLC (ASHTY) Cut to Hold at Zacks Investment Research

Zacks Investment Research downgraded shares of Ashtead Group PLC (OTCMKTS:ASHTY) from a buy rating to a hold rating in a research note released on Tuesday.

According to Zacks, “Ashtead Group Plc is an equipment company which provides rental solutions primarily in United States and United Kingdom. The company’s operating segments consists of Sunbelt Rentals and A-Plant. Sunbelt Rentals provides pump and power, climate control and scaffolding services. A-Plant business operates through Eve Trakway Limited, which constructs temporary roadways and barriers; PSS, which offers trenchless technology and fusion services and FLG services. Ashtead Group Plc is headquartered in London, the United Kingdom. “

Shares of Ashtead Group PLC (ASHTY) opened at $102.10 on Tuesday. Ashtead Group PLC has a 52 week low of $70.40 and a 52 week high of $105.15. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.97 and a current ratio of 1.04. The company has a market cap of $12,504.31, a P/E ratio of 17.73 and a beta of 1.52.

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