Ascential (LON:ASCL) Hits New 52-Week High at $586.50

Ascential plc (LON:ASCL) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 586.50 ($7.85) and last traded at GBX 566.50 ($7.58), with a volume of 982647 shares changing hands. The stock had previously closed at GBX 565.50 ($7.56).

Analysts Set New Price Targets

A number of research analysts have commented on ASCL shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 433 ($5.79) price objective on shares of Ascential in a report on Tuesday, June 18th. Berenberg Bank upped their price target on shares of Ascential from GBX 395 ($5.28) to GBX 568 ($7.60) and gave the company a “hold” rating in a research note on Thursday, July 25th.

Ascential Stock Performance

The firm has a market capitalization of £1.15 billion, a P/E ratio of 4,720.83, a PEG ratio of 1.06 and a beta of 1.22. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 4.25. The firm has a 50 day moving average of GBX 566.02 and a 200-day moving average of GBX 410.84.

Insider Buying and Selling at Ascential

In other news, insider Mandy Gradden sold 12,171 shares of the stock in a transaction on Tuesday, September 3rd. The stock was sold at an average price of GBX 569 ($7.61), for a total transaction of £69,252.99 ($92,633.75). Insiders own 5.35% of the company’s stock.

Ascential Company Profile

Ascential plc provides specialist information, analytics, and e-commerce optimization platforms in the United Kingdom, rest of Europe, the United States, Canada, China, rest of the Asia Pacific, the Middle East, Africa, and Latin America. The company operates in two segments, Marketing and Financial Technology.