Ashtead Group PLC (OTCMKTS:ASHTY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors 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 (OTCMKTS ASHTY) traded down $0.97 during mid-day trading on Tuesday, hitting $100.00. 615 shares of the stock were exchanged, compared to its average volume of 2,958. Ashtead Group PLC has a fifty-two week low of $70.40 and a fifty-two 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 stock 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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