Spirent Communications (OTCMKTS:SPMYY) Lowered to “Strong Sell” at ValuEngine

ValuEngine cut shares of Spirent Communications (OTCMKTS:SPMYY) from a sell rating to a strong sell rating in a research note published on Tuesday, ValuEngine reports.

A number of other equities analysts have also recently issued reports on SPMYY. Zacks Investment Research upgraded shares of Spirent Communications from a hold rating to a buy rating and set a $14.00 price objective for the company in a research report on Friday, January 17th. Barclays cut shares of Spirent Communications from an equal weight rating to an underweight rating in a research report on Thursday, January 16th. Finally, Goldman Sachs Group cut shares of Spirent Communications from a neutral rating to a sell rating in a research report on Tuesday, January 7th.

SPMYY stock opened at $13.24 on Tuesday. The company has a 50 day simple moving average of $12.12 and a 200 day simple moving average of $10.52. Spirent Communications has a 1 year low of $7.48 and a 1 year high of $13.24.

About Spirent Communications

Spirent Communications plc provides solutions to develop devices and equipment and to operate networks worldwide. The company operates through three segments: Networks & Security, Lifecycle Service Assurance, and Connected Devices. The Networks & Security segment develops performance and security test systems to accelerate the development of new devices, networks, and applications for high-speed Ethernet/IP, mobile, and global satellite navigation systems.

Read More: Stock Portfolio Tracker

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Spirent Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spirent Communications and related companies with MarketBeat.com's FREE daily email newsletter.