Ashtead Group plc·Industrials

Ashtead Group plc (OTCMKTS:ASHTF - Get Free Report) shares passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $68.88 and traded as low as $67.10. Ashtead Group shares last traded at $67.6280, with a volume of 12,749 shares changing hands. Ashtead Group Price Performance The

Ashtead has also been moving its primary listing to the New York Stock Exchange, which we believe will lift its valuation. Wells Fargo delivered strong earnings results driven by higher revenue, improved credit quality and higher investment banking fees. Merck reported earnings and revenues that beat expectations, driven by strong sales of its cancer treatment Keytruda and its pulmonary arterial hypertension therapy WinReva.

Shares in Ashtead Technology Holdings PLC (AIM:AT.) rose 12% to 375.6p on Monday after the subsea technology group said profits for 2025 would come in ahead of market expectations, helped by stronger margins and successful integration of recent acquisitions.
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. The company offers its products and services for facilities maintenance and municipalities, such as office complexes, apartment complexes, government, hospitals, data centers, parks and recreation departments, schools and universities, shopping centers, pavement/kerb repairs, and golf course maintenance; construction of airports, highways and bridges, office buildings, data centers, schools and universities, shopping centers, residential, remodeling, manufacturing plants, and green energy plants; emergency response for fire, hurricanes, flooding, tornadoes, winter, storms, residential and health emergencies, alternative care facilities, points of distribution, and mobile testing facilities; and entertainment and special events, including national events, concerts, sporting events, film and telvision production, theme parks, festivals farmers' markets, local 5k runs, and cycle races. It operates 967 stores in the United States, 89 stores in Canada, and 177 stores in the United Kingdom under the Sunbelt Rentals brand. The company was founded in 1947 and is headquartered in London, the United Kingdom.
Industrials
Rental & Leasing Services
25,164
2012-03-14
1.13