Spirent Communications plc (LON:SPT - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 183.59 ($2.46) and traded as high as GBX 193 ($2.59). Spirent Communications shares last traded at GBX 191.85 ($2.58), with a volume of 3,358,131 shares.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reissued a "speculative buy" rating and issued a GBX 199 ($2.67) price target on shares of Spirent Communications in a report on Wednesday, May 7th.
Read Our Latest Analysis on SPT
Spirent Communications Stock Performance
The firm has a market cap of £1.38 billion, a price-to-earnings ratio of 104.12, a PEG ratio of 5.73 and a beta of 0.57. The stock's fifty day moving average is GBX 187.25 and its two-hundred day moving average is GBX 184.07. The company has a debt-to-equity ratio of 5.25, a quick ratio of 1.95 and a current ratio of 1.82.
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.
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