Spirent Communications plc (LON:SPT - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 175.12 ($2.14) and traded as high as GBX 175.30 ($2.15). Spirent Communications shares last traded at GBX 172.50 ($2.11), with a volume of 1,207,861 shares trading hands.
Analyst Ratings Changes
A number of research firms have recently weighed in on SPT. JPMorgan Chase & Co. dropped their price objective on Spirent Communications from GBX 344 ($4.21) to GBX 321 ($3.93) and set an "overweight" rating for the company in a research note on Monday, September 16th. Canaccord Genuity Group reaffirmed a "speculative buy" rating and set a GBX 199 ($2.44) target price on shares of Spirent Communications in a research note on Monday, December 2nd. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 225 ($2.75) target price on shares of Spirent Communications in a report on Friday, November 22nd. Finally, Canaccord Genuity Group restated a "speculative buy" rating and set a GBX 199 ($2.44) price target on shares of Spirent Communications in a report on Monday, December 2nd. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, Spirent Communications currently has a consensus rating of "Buy" and a consensus price target of GBX 236.80 ($2.90).
Read Our Latest Stock Analysis on Spirent Communications
Spirent Communications Price Performance
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 stock's fifty day moving average is GBX 174.59 and its 200-day moving average is GBX 175.04. The stock has a market capitalization of £996.16 million, a PE ratio of 8,710.00, a P/E/G ratio of 5.73 and a beta of 0.57.
Spirent Communications Company Profile
(
Get Free Report)
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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