Spirent Communications plc (LON:SPT - Get Free Report) insider Eric Updyke sold 55,054 shares of Spirent Communications stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of GBX 188 ($2.44), for a total transaction of £103,501.52 ($134,225.81).
Spirent Communications Stock Down 0.2 %
Shares of LON:SPT traded down GBX 0.30 ($0.00) during trading on Thursday, reaching GBX 189.20 ($2.45). 2,845,207 shares of the company traded hands, compared to its average volume of 1,794,442. The firm has a market cap of £1.36 billion, a P/E ratio of 102.28, a price-to-earnings-growth ratio of 5.73 and a beta of 0.57. The firm has a fifty day simple moving average of GBX 182.65 and a 200 day simple moving average of GBX 176.94. Spirent Communications plc has a 1-year low of GBX 166.20 ($2.16) and a 1-year high of GBX 203.80 ($2.64). The company has a quick ratio of 1.95, a current ratio of 1.82 and a debt-to-equity ratio of 5.25.
Wall Street Analyst Weigh In
Several research analysts have issued reports on SPT shares. Canaccord Genuity Group reiterated a "speculative buy" rating and issued a GBX 199 ($2.58) price objective on shares of Spirent Communications in a research report on Monday, December 2nd. Canaccord Genuity Group restated a "speculative buy" rating and set a GBX 199 ($2.58) price objective on shares of Spirent Communications in a research note on Thursday, January 16th. Finally, Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 225 ($2.92) price objective on shares of Spirent Communications in a report on Friday, November 22nd.
View Our Latest Stock Report on SPT
Spirent Communications Company Profile
(
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Spirent Communications plc provides automated test and assurance solutions in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through Lifecycle Service Assurance, and Networks & Security segments. The Lifecycle Service Assurance segment offers lab-based testing solutions for 5G mobile core networks, and cellular and Wi-Fi devices, as well as live solutions.
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