Shares of Spirent Communications plc (LON:SPT - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 176.31 ($2.28) and traded as high as GBX 189.50 ($2.45). Spirent Communications shares last traded at GBX 188 ($2.43), with a volume of 2,554,175 shares traded.
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on the company. Canaccord Genuity Group reiterated a "speculative buy" rating and issued a GBX 199 ($2.57) price objective on shares of Spirent Communications in a research report on Monday, December 2nd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 225 ($2.91) price objective on shares of Spirent Communications in a research report on Friday, November 22nd. Finally, Canaccord Genuity Group restated a "speculative buy" rating and set a GBX 199 ($2.57) price target on shares of Spirent Communications in a research report on Thursday, January 16th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of GBX 236.80 ($3.06).
View Our Latest Analysis on Spirent Communications
Spirent Communications Stock Up 0.4 %
The stock has a 50-day simple moving average of GBX 181.66 and a two-hundred day simple moving average of GBX 176.58. The company has a quick ratio of 1.95, a current ratio of 1.82 and a debt-to-equity ratio of 5.25. The firm has a market cap of £1.36 billion, a PE ratio of 102.33, 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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