Softcat plc (LON:SCT - Get Free Report)'s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 1,765.33 ($24.26) and traded as high as GBX 1,774 ($24.38). Softcat shares last traded at GBX 1,722.23 ($23.67), with a volume of 296,914 shares.
Analyst Ratings Changes
SCT has been the topic of several research reports. Shore Capital restated a "buy" rating on shares of Softcat in a research report on Wednesday, March 19th. JPMorgan Chase & Co. increased their target price on Softcat from GBX 1,450 ($19.93) to GBX 1,759 ($24.17) and gave the company a "neutral" rating in a research note on Thursday, March 20th. Finally, Berenberg Bank restated a "hold" rating and set a GBX 1,600 ($21.99) price target on shares of Softcat in a research report on Wednesday, March 19th.
Get Our Latest Report on Softcat
Softcat Price Performance
The firm has a market capitalization of £3.43 billion, a P/E ratio of 28.91, a PEG ratio of 11.51 and a beta of 0.71. The business's 50-day simple moving average is GBX 1,770.44 and its 200 day simple moving average is GBX 1,630.33. The company has a quick ratio of 1.38, a current ratio of 1.60 and a debt-to-equity ratio of 3.48.
Softcat Company Profile
(
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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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