Shares of Spirent Communications plc (LON:SPT - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 175.59 ($2.22) and traded as high as GBX 187.30 ($2.37). Spirent Communications shares last traded at GBX 187.30 ($2.37), with a volume of 779,515 shares traded.
Analyst Ratings Changes
Several brokerages recently weighed in on SPT. Canaccord Genuity Group restated a "speculative buy" rating and set a GBX 199 ($2.52) target price on shares of Spirent Communications in a research note on Monday, December 2nd. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 225 ($2.85) 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 set a GBX 199 ($2.52) target price on shares of Spirent Communications in a research note on Thursday, January 16th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and an average target price of GBX 236.80 ($3.00).
Read Our Latest Analysis on Spirent Communications
Spirent Communications Trading Down 0.1 %
The company has a debt-to-equity ratio of 5.25, a quick ratio of 1.95 and a current ratio of 1.82. The company has a 50 day simple moving average of GBX 179.71 and a two-hundred day simple moving average of GBX 175.70. The firm has a market cap of £1.34 billion, a PE ratio of 101.25, 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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