Andrews Sykes Group (LON:ASY) Issues Earnings Results

Andrews Sykes Group (LON:ASY) announced its earnings results on Wednesday. The company reported GBX 17.60 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Andrews Sykes Group had a return on equity of 35.67% and a net margin of 23.64%.

Andrews Sykes Group Stock Up 2.6%

Shares of ASY stock traded up GBX 14 during trading hours on Thursday, hitting GBX 554. 5,465 shares of the company were exchanged, compared to its average volume of 2,203. The business’s 50-day simple moving average is GBX 570.84 and its two-hundred day simple moving average is GBX 536.83. Andrews Sykes Group has a one year low of GBX 464 and a one year high of GBX 615. The stock has a market capitalization of £231.90 million, a price-to-earnings ratio of 12.82 and a beta of 0.28. The company has a debt-to-equity ratio of 28.42, a quick ratio of 3.08 and a current ratio of 2.61.

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.