Ascential (LON:ASCL) Reaches New 12-Month Low – Time to Sell?

Ascential plc (LON:ASCL)’s share price hit a new 52-week low during trading on Wednesday . The company traded as low as GBX 5.67 ($0.07) and last traded at GBX 567 ($7.42), with a volume of 33187305 shares traded. The stock had previously closed at GBX 567 ($7.42).

Analyst Upgrades and Downgrades

ASCL has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 433 ($5.67) price target on shares of Ascential in a report on Tuesday, June 18th. Berenberg Bank boosted their price target on shares of Ascential from GBX 395 ($5.17) to GBX 568 ($7.43) and gave the company a “hold” rating in a research report on Thursday, July 25th.

Ascential Price Performance

The firm has a market cap of £1.15 billion, a PE ratio of 4,725.00, a price-to-earnings-growth ratio of 1.06 and a beta of 1.22. The company has a debt-to-equity ratio of 4.25, a current ratio of 0.90 and a quick ratio of 0.92. The firm has a 50-day simple moving average of GBX 568.27 and a 200 day simple moving average of GBX 422.97.

Insider Buying and Selling

In other Ascential news, insider Mandy Gradden sold 12,171 shares of Ascential stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of GBX 569 ($7.45), for a total transaction of £69,252.99 ($90,633.41). 5.35% of the stock is currently owned by corporate insiders.

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.