Softcat plc (LON:SCT) Insider Acquires £137.88 in Stock

Softcat plc (LON:SCT) insider Kathryn Mecklenburgh acquired 9 shares of the firm’s stock in a transaction dated Friday, March 7th. The shares were purchased at an average price of GBX 1,532 ($19.87) per share, with a total value of £137.88 ($178.81).

Kathryn Mecklenburgh also recently made the following trade(s):

• On Friday, February 7th, Kathryn Mecklenburgh purchased 10 shares of Softcat stock. The shares were acquired at an average price of GBX 1,601 ($20.76) per share, with a total value of £160.10 ($207.63).

Softcat Stock Performance

Shares of SCT stock opened at GBX 1,501 ($19.47) on Thursday. Softcat plc has a one year low of GBX 1,415 ($18.35) and a one year high of GBX 1,855 ($24.06). The company has a market cap of £2.99 billion, a P/E ratio of 25.13, a P/E/G ratio of 11.51 and a beta of 0.71. The firm has a 50-day moving average of GBX 1,548.24 and a 200-day moving average of GBX 1,563.99. The company has a debt-to-equity ratio of 3.48, a current ratio of 1.60 and a quick ratio of 1.38.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “buy” rating on shares of Softcat in a report on Friday, March 7th.

About Softcat

Softcat plc operates as a value-added IT reseller and IT infrastructure solutions provider in the United Kingdom. The company advices, procures, designs, implements, and manages technology, such as software licensing, workplace technology, networking, security, and cloud and datacenter for businesses and public sector organizations.