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 that occurred on 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 %

LON:SPT opened at GBX 188.80 ($2.44) on Friday. Spirent Communications plc has a one year low of GBX 166.20 ($2.15) and a one year high of GBX 203.80 ($2.64). The company has a debt-to-equity ratio of 5.25, a quick ratio of 1.95 and a current ratio of 1.82. The firm has a market cap 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. The firm has a 50-day simple moving average of GBX 183.13 and a 200-day simple moving average of GBX 177.10.

Analyst Upgrades and Downgrades

SPT has been the topic of several recent analyst reports. Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 199 ($2.57) price objective on shares of Spirent Communications in a research report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 225 ($2.91) price target on shares of Spirent Communications in a report on Friday, November 22nd. Finally, Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 199 ($2.57) price target on shares of Spirent Communications in a report on Monday, December 2nd.

About Spirent Communications

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.