Spirent Communications plc (LON:SPT - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 176.22 ($2.22) and traded as high as GBX 180.30 ($2.28). Spirent Communications shares last traded at GBX 179.30 ($2.26), with a volume of 168,265 shares traded.
Analyst Ratings Changes
SPT has been the topic of a number of analyst reports. JPMorgan Chase & Co. lowered their target price on shares of Spirent Communications from GBX 344 ($4.34) to GBX 321 ($4.05) and set an "overweight" rating on the stock in a research note on Monday, September 16th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 225 ($2.84) price objective on shares of Spirent Communications in a research report on Friday, November 22nd. Finally, Canaccord Genuity Group reissued a "speculative buy" rating and set a GBX 199 ($2.51) target price on shares of Spirent Communications in a research note on Monday, December 2nd.
Get Our Latest Report on SPT
Spirent Communications Stock Performance
The business's fifty day moving average is GBX 172.88 and its two-hundred day moving average is GBX 176.22. The stock has a market capitalization of £1.02 billion, a PE ratio of 8,920.00, a price-to-earnings-growth ratio of 5.73 and a beta of 0.57. The company has a quick ratio of 1.95, a current ratio of 1.82 and a debt-to-equity ratio of 5.26.
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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