Canaccord Genuity Group lowered shares of Spirent Communications (LON:SPT - Free Report) to a hold rating in a research report released on Monday morning, MarketBeat reports. The brokerage currently has GBX 199 price objective on the stock.
Spirent Communications Stock Performance
Shares of LON:SPT traded up GBX 0.40 during trading on Monday, reaching GBX 196.60. 3,405,289 shares of the company's stock traded hands, compared to its average volume of 2,294,608. The company has a debt-to-equity ratio of 5.25, a current ratio of 1.82 and a quick ratio of 1.95. Spirent Communications has a 12 month low of GBX 165 and a 12 month high of GBX 200. The company has a 50 day moving average of GBX 194.29 and a 200-day moving average of GBX 189.31. The stock has a market capitalization of £1.41 billion, a P/E ratio of 106.28, a price-to-earnings-growth ratio of 5.73 and a beta of 0.57.
Spirent Communications Company Profile
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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.
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