Paula Bell Buys 69 Shares of Spirent Communications plc (LON:SPT) Stock

Spirent Communications plc (LON:SPT) insider Paula Bell acquired 69 shares of the stock in a transaction dated Friday, January 24th. The shares were bought at an average cost of GBX 182 ($2.26) per share, with a total value of £125.58 ($156.25).

Paula Bell also recently made the following trade(s):

• On Tuesday, December 24th, Paula Bell acquired 70 shares of Spirent Communications stock. The shares were purchased at an average price of GBX 177 ($2.20) per share, with a total value of £123.90 ($154.16).
• On Monday, November 25th, Paula Bell acquired 73 shares of Spirent Communications stock. The shares were acquired at an average price of GBX 171 ($2.13) per share, with a total value of £124.83 ($155.32).

Spirent Communications Stock Up 0.0 %

SPT stock opened at GBX 181.19 ($2.25) on Wednesday. Spirent Communications plc has a 52 week low of GBX 102.30 ($1.27) and a 52 week high of GBX 203.80 ($2.54). The business has a 50-day simple moving average of GBX 176.38 and a 200 day simple moving average of GBX 174.75. The company has a quick ratio of 1.95, a current ratio of 1.82 and a debt-to-equity ratio of 5.26. The company has a market cap of £1.04 billion, a PE ratio of 9,059.50, a price-to-earnings-growth ratio of 5.73 and a beta of 0.57.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on SPT shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 225 ($2.80) target price on shares of Spirent Communications in a report on Friday, November 22nd. Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 199 ($2.48) price objective on shares of Spirent Communications in a research report on Thursday, January 16th. Finally, Canaccord Genuity Group reissued a “speculative buy” rating and set a GBX 199 ($2.48) price target on shares of Spirent Communications in a report on Monday, December 2nd. Five equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of GBX 236.80 ($2.95).

Spirent Communications Company Profile

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.