Shares of Spirent Communications plc (LON:SPT - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 198.80 ($2.73) and last traded at GBX 194.80 ($2.67), with a volume of 3205 shares changing hands. The stock had previously closed at GBX 192.80 ($2.65).
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reaffirmed a "speculative buy" rating and issued a GBX 199 ($2.73) target price on shares of Spirent Communications in a report on Wednesday, May 7th.
Get Our Latest Analysis on Spirent Communications
Spirent Communications Stock Performance
The stock has a market capitalization of £1.40 billion, a P/E ratio of 105.30, a PEG ratio of 5.73 and a beta of 0.57. 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 company's fifty day simple moving average is GBX 189.94 and its two-hundred day simple moving average is GBX 184.81.
About Spirent Communications
(
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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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