Shares of Softcat plc (LON:SCT - Get Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 1,708.55 ($23.07) and traded as low as GBX 1,568 ($21.17). Softcat shares last traded at GBX 1,587.73 ($21.44), with a volume of 153,408 shares changing hands.
Analyst Ratings Changes
A number of research firms recently commented on SCT. JPMorgan Chase & Co. reissued a "neutral" rating on shares of Softcat in a research report on Friday, July 18th. Shore Capital restated a "buy" rating and issued a GBX 1,950 ($26.33) target price on shares of Softcat in a research report on Friday, August 1st. Finally, Liberum Capital upgraded Softcat to a "buy" rating and set a GBX 1,800 ($24.30) target price for the company in a report on Thursday, July 24th.
Get Our Latest Stock Report on Softcat
Softcat Stock Down 0.1%
The business's 50-day simple moving average is GBX 1,699.86 and its 200 day simple moving average is GBX 1,654.82. The firm has a market cap of £3.12 billion, a PE ratio of 26.23, a P/E/G ratio of 11.51 and a beta of 0.71. The company has a current ratio of 1.60, a quick ratio of 1.38 and a debt-to-equity ratio of 3.48.
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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