Spirent Communications plc (LON:SPT - Get Free Report)'s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 174.79 ($2.17) and traded as high as GBX 185.10 ($2.30). Spirent Communications shares last traded at GBX 185 ($2.30), with a volume of 2,132,024 shares.
Analyst Upgrades and Downgrades
SPT has been the topic of a number of recent analyst reports. Canaccord Genuity Group reaffirmed a "speculative buy" rating and set a GBX 199 ($2.47) price target on shares of Spirent Communications in a report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 225 ($2.79) target price on shares of Spirent Communications in a research note on Friday, November 22nd. Finally, Canaccord Genuity Group restated a "speculative buy" rating and issued a GBX 199 ($2.47) price objective on shares of Spirent Communications in a research note on Monday, December 2nd. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of GBX 236.80 ($2.94).
Check Out Our Latest Stock Analysis on Spirent Communications
Spirent Communications Trading Down 0.2 %
The business's 50-day moving average is GBX 178.46 and its 200 day moving average is GBX 174.98. 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 firm has a market capitalization of £1.06 billion, a P/E ratio of 9,300.00, a price-to-earnings-growth 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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