Paula Bell Buys 69 Shares of Spirent Communications plc (LON:SPT) Stock

Spirent Communications plc (LON:SPT) insider Paula Bell bought 69 shares of the firm’s stock in a transaction on Friday, January 24th. The shares were bought at an average cost of GBX 182 ($2.27) per share, with a total value of £125.58 ($156.51).

Paula Bell also recently made the following trade(s):

• On Tuesday, December 24th, Paula Bell purchased 70 shares of Spirent Communications stock. The stock was purchased at an average cost of GBX 177 ($2.21) per share, with a total value of £123.90 ($154.41).
• On Monday, November 25th, Paula Bell bought 73 shares of Spirent Communications stock. The stock was acquired at an average cost of GBX 171 ($2.13) per share, with a total value of £124.83 ($155.57).

Spirent Communications Stock Down 0.6 %

Shares of SPT opened at GBX 180.90 ($2.25) on Monday. The company has a debt-to-equity ratio of 5.26, a current ratio of 1.82 and a quick ratio of 1.95. The company has a market capitalization of £1.03 billion, a P/E ratio of 9,044.85, a PEG ratio of 5.73 and a beta of 0.57. The business’s 50 day simple moving average is GBX 175.98 and its 200-day simple moving average is GBX 174.75. Spirent Communications plc has a one year low of GBX 102.30 ($1.27) and a one year high of GBX 203.80 ($2.54).

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 225 ($2.80) price objective on shares of Spirent Communications in a report on Friday, November 22nd. Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 199 ($2.48) target price on shares of Spirent Communications in a research note on Thursday, January 16th. Finally, Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 199 ($2.48) price objective on shares of Spirent Communications in a research note on Monday, December 2nd. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of GBX 236.80 ($2.95).

About Spirent Communications

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.