Andrews Sykes Group (LON:ASY) Stock Falls 2% – Here’s Why

Andrews Sykes Group plc (LON:ASY)’s share price dropped 2% during mid-day trading on Wednesday. The stock traded as low as GBX 500 and last traded at GBX 500. 455 shares were traded during trading, a decline of 79% from the average session volume of 2,208 shares. The stock had previously closed at GBX 510.

Andrews Sykes Group Price Performance

The company has a debt-to-equity ratio of 23.45, a quick ratio of 3.08 and a current ratio of 2.74. The business’s fifty day simple moving average is GBX 537.28 and its 200 day simple moving average is GBX 532.92. The stock has a market cap of £209.29 million, a price-to-earnings ratio of 11.62 and a beta of 0.30.

Andrews Sykes Group (LON:ASY) last announced its earnings results on Wednesday, September 23rd. The company reported GBX 17.60 earnings per share (EPS) for the quarter. Andrews Sykes Group had a return on equity of 33.18% and a net margin of 22.68%.

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.