Softcat plc (LON:SCT - Get Free Report) insider Kathryn Mecklenburgh bought 9 shares of the business's stock in a transaction that occurred on Monday, September 8th. The stock was acquired at an average cost of GBX 1,598 per share, with a total value of £143.82.
Kathryn Mecklenburgh also recently made the following trade(s):
- On Thursday, August 7th, Kathryn Mecklenburgh bought 10 shares of Softcat stock. The stock was acquired at an average cost of GBX 1,588 per share, with a total value of £158.80.
Softcat Price Performance
Shares of SCT stock traded down GBX 1 on Tuesday, reaching GBX 1,611. The company's stock had a trading volume of 142,837 shares, compared to its average volume of 797,682. The stock's fifty day simple moving average is GBX 1,611.69 and its 200-day simple moving average is GBX 1,652.85. Softcat plc has a 1 year low of GBX 1,427 and a 1 year high of GBX 1,960. The company has a current ratio of 1.60, a quick ratio of 1.38 and a debt-to-equity ratio of 3.48. The company has a market capitalization of £3.21 billion, a price-to-earnings ratio of 2,577.60, a price-to-earnings-growth ratio of 11.51 and a beta of 0.71.
Analysts Set New Price Targets
SCT has been the subject of several recent analyst reports. Shore Capital reaffirmed a "buy" rating and set a GBX 1,950 price objective on shares of Softcat in a research note on Thursday, August 28th. Citigroup dropped their price objective on shares of Softcat from GBX 2,000 to GBX 1,960 and set a "buy" rating for the company in a research note on Tuesday, August 19th. Liberum Capital raised shares of Softcat to a "buy" rating and set a GBX 1,800 price objective for the company in a research note on Thursday, July 24th. Finally, JPMorgan Chase & Co. reissued a "neutral" rating on shares of Softcat in a research note on Friday, July 18th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of GBX 1,813.80.
Read Our Latest Analysis on SCT
About Softcat
(
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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.
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