Andrews Sykes Group (LON:ASY) Stock Price Down 1.4% – Here’s Why

Andrews Sykes Group plc (LON:ASY)’s stock price dropped 1.4% during trading on Tuesday . The stock traded as low as GBX 522.55 and last traded at GBX 522.55. 18,653 shares changed hands during trading, an increase of 937% from the average daily volume of 1,798 shares. The stock had previously closed at GBX 530.

Andrews Sykes Group Stock Down 1.4%

The company has a current ratio of 2.61, a quick ratio of 3.08 and a debt-to-equity ratio of 28.42. The firm has a market cap of £218.73 million, a P/E ratio of 12.10 and a beta of 0.28. The stock’s fifty day moving average is GBX 516.31 and its two-hundred day moving average is GBX 512.88.

Andrews Sykes Group (LON:ASY) last announced its quarterly earnings results on Tuesday, May 12th. The company reported GBX 43.20 EPS for the quarter. Andrews Sykes Group had a net margin of 23.64% and a return on equity of 35.67%. The firm had revenue of GBX 7,650 million during the quarter.

About Andrews Sykes Group

Andrews Sykes Group plc, an investment holding company, engages in the hire, sale, and installation of environmental control equipment in the United Kingdom, rest of Europe, the Middle East, Africa, and internationally. The company operates through Hire and Sales UK, Hire and Sales Europe, Hire and Sales Middle East, and Installation and Maintenance segments. It offers air conditioning products, such as exhaust tube and split type air conditioners, evaporative coolers, cooling fans, portable humidifiers, and high-performance air conditioners, as well as maintenance contacts; and pumps comprising general purpose, silenced range, high performance, bentonite, submersible drainage and wastewater, submersible sludge, hydraulic submersible, air pumps, hoses and accessories, and environmental equipment.