Spirent Communications plc (LON:SPT - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 185.56 ($2.52) and traded as high as GBX 193.42 ($2.63). Spirent Communications shares last traded at GBX 192.71 ($2.62), with a volume of 654,235 shares changing hands.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reaffirmed a "speculative buy" rating and issued a GBX 199 ($2.70) price target on shares of Spirent Communications in a report on Wednesday, May 7th.
Get Our Latest Stock Report on SPT
Spirent Communications Price Performance
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 stock has a market cap of £1.39 billion, a P/E ratio of 104.87, a price-to-earnings-growth ratio of 5.73 and a beta of 0.57. The firm has a 50-day moving average price of GBX 191.76 and a 200-day moving average price of GBX 185.56.
Spirent Communications Company Profile
(
Get Free Report)
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Spirent Communications, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Spirent Communications wasn't on the list.
While Spirent Communications currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Explore Elon Musk’s boldest ventures yet—from AI and autonomy to space colonization—and find out how investors can ride the next wave of innovation.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
