Softcat plc (LON:SCT) Insider Kathryn Mecklenburgh Acquires 10 Shares

Softcat plc (LON:SCT - Get Free Report) insider Kathryn Mecklenburgh bought 10 shares of the business's stock in a transaction that occurred on Friday, February 7th. The shares were bought at an average cost of GBX 1,601 ($19.93) per share, for a total transaction of £160.10 ($199.28).

Softcat Stock Up 1.1 %

LON SCT traded up GBX 18 ($0.22) during trading hours on Thursday, hitting GBX 1,640 ($20.41). The company's stock had a trading volume of 425,754 shares, compared to its average volume of 805,232. The company has a current ratio of 1.60, a quick ratio of 1.38 and a debt-to-equity ratio of 3.48. The company's 50-day simple moving average is GBX 1,534.82 and its two-hundred day simple moving average is GBX 1,565.68. The company has a market capitalization of £3.26 billion, a PE ratio of 27.46, a price-to-earnings-growth ratio of 11.51 and a beta of 0.71. Softcat plc has a 52 week low of GBX 1,415 ($17.61) and a 52 week high of GBX 1,855 ($23.09).

Analysts Set New Price Targets

SCT has been the topic of a number of research reports. Berenberg Bank reaffirmed a "hold" rating and set a GBX 1,600 ($19.92) price target on shares of Softcat in a research note on Monday, October 28th. Shore Capital reaffirmed a "buy" rating on shares of Softcat in a research report on Thursday, October 24th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of GBX 1,457.50 ($18.14).

Softcat Company Profile

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.