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Share price is stuck in narrow trading range
Thursday 15 Jun 2017 Author: David Stevenson

Full year results (13 June) from construction equipment rental firm Ashtead (AHT) failed to wake its share price out of its slumber as the company failed to include detailed comment on the new financial year.

ASHTEAD GROUP - Comparison Line Chart (Rebased to first)

Analysts couldn’t find any reason to push through large earnings upgrades, perhaps another reason why the shares didn’t move.

The stock has been hovering around the £15.50 to £16 mark since late 2016.

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