Spirent Communications plc (LON:SPT - Get Free Report) insider Paula Bell purchased 70 shares of the firm's stock in a transaction dated Tuesday, December 24th. The stock was acquired at an average cost of GBX 177 ($2.23) per share, for a total transaction of £123.90 ($155.91).
Paula Bell also recently made the following trade(s):
- On Monday, November 25th, Paula Bell purchased 73 shares of Spirent Communications stock. The shares were bought at an average price of GBX 171 ($2.15) per share, with a total value of £124.83 ($157.08).
- On Thursday, October 24th, Paula Bell acquired 73 shares of Spirent Communications stock. The stock was bought at an average price of GBX 172 ($2.16) per share, for a total transaction of £125.56 ($158.00).
Spirent Communications Stock Performance
Shares of SPT stock traded down GBX 0.70 ($0.01) during midday trading on Friday, hitting GBX 177 ($2.23). The company had a trading volume of 223,192 shares, compared to its average volume of 3,636,269. The stock has a market cap of £1.01 billion, a price-to-earnings ratio of 8,850.00, a PEG ratio of 5.73 and a beta of 0.57. The company has a debt-to-equity ratio of 5.26, a current ratio of 1.82 and a quick ratio of 1.95. The company's 50 day simple moving average is GBX 173.74 and its 200 day simple moving average is GBX 175.79. Spirent Communications plc has a 52-week low of GBX 102.30 ($1.29) and a 52-week high of GBX 203.80 ($2.56).
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. dropped their price objective on Spirent Communications from GBX 344 ($4.33) to GBX 321 ($4.04) and set an "overweight" rating for the company in a research note on Monday, September 16th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a GBX 225 ($2.83) price target on shares of Spirent Communications in a research note on Friday, November 22nd. Canaccord Genuity Group reissued a "speculative buy" rating and issued a GBX 199 ($2.50) price objective on shares of Spirent Communications in a research note on Monday, December 2nd. Finally, Canaccord Genuity Group reiterated a "speculative buy" rating and set a GBX 199 ($2.50) target price on shares of Spirent Communications in a report on Monday, December 2nd. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of GBX 236.80 ($2.98).
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About Spirent Communications
(
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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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