Andrews Sykes Group (LON:ASY) Sets New 52-Week High – Time to Buy?

Shares of Andrews Sykes Group plc (LON:ASY) reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 615 and last traded at GBX 609.80, with a volume of 10563 shares. The stock had previously closed at GBX 579.

Andrews Sykes Group Stock Up 5.3%

The business’s 50 day simple moving average is GBX 550.20 and its 200-day simple moving average is GBX 525.48. The company has a debt-to-equity ratio of 28.42, a quick ratio of 3.08 and a current ratio of 2.61. The company has a market cap of £255.26 million, a price-to-earnings ratio of 14.12 and a beta of 0.28.

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

Andrews Sykes Group Company Profile

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.