Spirent Communications plc (LON:SPT) Insider Sells £103,501.52 in Stock

Spirent Communications plc (LON:SPT) insider Eric Updyke sold 55,054 shares of the stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of GBX 188 ($2.43), for a total transaction of £103,501.52 ($133,878.57).

Spirent Communications Trading Up 0.3 %

Shares of SPT stock opened at GBX 188.80 ($2.44) on Friday. Spirent Communications plc has a 12-month low of GBX 166.20 ($2.15) and a 12-month high of GBX 203.80 ($2.64). The company has a current ratio of 1.82, a quick ratio of 1.95 and a debt-to-equity ratio of 5.25. The firm’s 50 day moving average is GBX 183.13 and its 200 day moving average is GBX 177.10. The stock has a market capitalization of £1.36 billion, a P/E ratio of 102.06, a P/E/G ratio of 5.73 and a beta of 0.57.

Analyst Ratings Changes

A number of equities research analysts have weighed in on SPT shares. Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 199 ($2.57) price objective on shares of Spirent Communications in a report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a GBX 225 ($2.91) price objective on shares of Spirent Communications in a report on Friday, November 22nd. Finally, Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 199 ($2.57) price objective on shares of Spirent Communications in a report on Monday, December 2nd.

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.