Shore Capital reaffirmed their buy rating on shares of Softcat (LON:SCT - Free Report) in a research report released on Friday, Marketbeat Ratings reports.
Softcat Stock Performance
Shares of SCT stock traded down GBX 18 ($0.23) during trading on Friday, reaching GBX 1,526 ($19.73). The company had a trading volume of 186,772 shares, compared to its average volume of 1,045,004. The company has a market capitalization of £3.04 billion, a PE ratio of 25.55, a PEG ratio of 11.51 and a beta of 0.71. The company has a debt-to-equity ratio of 3.48, a current ratio of 1.60 and a quick ratio of 1.38. The firm's 50 day simple moving average is GBX 1,548.34 and its two-hundred day simple moving average is GBX 1,565.53. Softcat has a one year low of GBX 1,415 ($18.29) and a one year high of GBX 1,855 ($23.98).
Insider Buying and Selling at Softcat
In other news, insider Graham Charlton sold 15,380 shares of Softcat stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of GBX 1,489 ($19.25), for a total transaction of £229,008.20 ($296,029.21). Also, insider Jacqui Ferguson bought 3,038 shares of the business's stock in a transaction that occurred on Tuesday, January 21st. The stock was purchased at an average price of GBX 1,470 ($19.00) per share, with a total value of £44,658.60 ($57,728.28). Insiders have acquired 3,067 shares of company stock valued at $4,511,098 in the last 90 days. 43.60% of the stock is currently owned by insiders.
Softcat Company Profile
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Softcat plc operates as a value-added IT reseller and IT infrastructure solutions provider in the United Kingdom. The company advices, procures, designs, implements, and manages technology, such as software licensing, workplace technology, networking, security, and cloud and datacenter for businesses and public sector organizations.
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