Ashtead Group Plc - Directorate Change -March 01, 2024 at 0707 am EST - Marketscreener.com
| ASHTY Stock | USD 325.83 3.76 1.17% |
Slightly above 52% of Ashtead Gro's investors are presently thinking to get in. The analysis of overall sentiment of trading Ashtead Gro pink sheet suggests that some investors are interested at this time. Ashtead Gro's investing sentiment can be driven by a variety of factors including economic data, Ashtead Gro's earnings reports, geopolitical events, and overall market trends.
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Ashtead Group Plc - Directorate Change -March 01, 2024 at 0707 am EST Marketscreener.com
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Ashtead Gro Fundamental Analysis
We analyze Ashtead Gro's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ashtead Gro using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ashtead Gro based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Sales
Price To Sales Comparative Analysis
Ashtead Gro is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Ashtead Gro Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ashtead Gro pink sheet to make a market-neutral strategy. Peer analysis of Ashtead Gro could also be used in its relative valuation, which is a method of valuing Ashtead Gro by comparing valuation metrics with similar companies.
Peers
Ashtead Gro Related Equities
| FPAY | FlexShopper | 9.47 | ||||
| MWG | Multi Ways | 4.00 | ||||
| HTZ | Hertz Global | 2.21 | ||||
| ASHTF | Ashtead Group | 1.57 | ||||
| ALTG-PA | Alta Equipment | 1.02 | ||||
| SLNFF | Solution Financial | 0.00 | ||||
| BDIMF | Black Diamond | 0.94 | ||||
| AER | AerCap Holdings | 1.21 | ||||
| URI | United Rentals | 1.85 | ||||
| BCVVF | BOC Aviation | 6.25 |
Additional Tools for Ashtead Pink Sheet Analysis
When running Ashtead Gro's price analysis, check to measure Ashtead Gro's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ashtead Gro is operating at the current time. Most of Ashtead Gro's value examination focuses on studying past and present price action to predict the probability of Ashtead Gro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ashtead Gro's price. Additionally, you may evaluate how the addition of Ashtead Gro to your portfolios can decrease your overall portfolio volatility.