Ashtead Technology (LON:AT) Announces Quarterly Earnings Results

Ashtead Technology (LON:AT) announced its quarterly earnings results on Tuesday. The company reported GBX 45 ($0.58) EPS for the quarter, Digital Look Earnings reports. Ashtead Technology had a net margin of 17.37% and a return on equity of 23.56%.

Ashtead Technology Stock Performance

LON:AT opened at GBX 546 ($7.06) on Tuesday. The company has a market capitalization of £433.02 million, a price-to-earnings ratio of 17.63 and a beta of 0.28. The company has a quick ratio of 1.46, a current ratio of 1.82 and a debt-to-equity ratio of 70.83. The company’s fifty day simple moving average is GBX 538.44. Ashtead Technology has a 52-week low of GBX 426 ($5.50) and a 52-week high of GBX 893 ($11.54).

About Ashtead Technology

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.