Eric Updyke Sells 55,054 Shares of Spirent Communications plc (LON:SPT) Stock

Spirent Communications plc (LON:SPT - Get Free Report) insider Eric Updyke sold 55,054 shares of the company's stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of GBX 188 ($2.44), for a total value of £103,501.52 ($134,069.33).

Spirent Communications Stock Performance

Shares of LON SPT opened at GBX 188.50 ($2.44) on Friday. 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 stock has a 50 day simple moving average of GBX 182.65 and a 200-day simple moving average of GBX 176.94. The company has a market cap of £1.35 billion, a PE ratio of 101.90, a P/E/G ratio of 5.73 and a beta of 0.57. 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).

Analyst Ratings Changes

SPT has been the subject of several recent research reports. Canaccord Genuity Group reaffirmed a "speculative buy" rating and set a GBX 199 ($2.58) target price on shares of Spirent Communications in a report on Monday, December 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a GBX 225 ($2.91) target price on shares of Spirent Communications in a report on Friday, November 22nd. Finally, Canaccord Genuity Group reaffirmed a "speculative buy" rating and set a GBX 199 ($2.58) target price on shares of Spirent Communications in a report on Thursday, January 16th.




Check Out Our Latest Research Report on SPT

About Spirent Communications

(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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