Ashtead Group (NASDAQ:ASHTY) was downgraded by Zacks Investment Research from a “buy” rating to a “sell” rating in a report issued on Tuesday.

According to Zacks, “Ashtead Group Plc is an equipment company which provides rental solutions primarily in United States and United Kingdom. The company’s operating segments consists of Sunbelt Rentals and A-Plant. Sunbelt Rentals provides pump and power, climate control and scaffolding services. A-Plant business operates through Eve Trakway Limited, which constructs temporary roadways and barriers; PSS, which offers trenchless technology and fusion services and FLG services. Ashtead Group Plc is headquartered in London, the United Kingdom. “

Shares of Ashtead Group (ASHTY) traded up 2.70% on Tuesday, hitting $88.48. The stock had a trading volume of 1,648 shares. Ashtead Group has a one year low of $60.39 and a one year high of $90.25.

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