Paula Bell Purchases 73 Shares of Spirent Communications plc (LON:SPT) Stock

Spirent Communications plc (LON:SPT) insider Paula Bell acquired 73 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The shares were acquired at an average cost of GBX 171 ($2.17) per share, with a total value of £124.83 ($158.25).

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

• On Thursday, October 24th, Paula Bell bought 73 shares of Spirent Communications stock. The stock was acquired at an average cost of GBX 172 ($2.18) per share, for a total transaction of £125.56 ($159.18).

Spirent Communications Trading Down 0.5 %

SPT opened at GBX 170.50 ($2.16) on Thursday. The stock has a market capitalization of £975.00 million, a PE ratio of 8,530.00, a P/E/G ratio of 5.73 and a beta of 0.57. Spirent Communications plc has a one year low of GBX 102.30 ($1.30) and a one year high of GBX 203.80 ($2.58). The company has a debt-to-equity ratio of 5.26, a quick ratio of 1.95 and a current ratio of 1.82. The business’s 50 day moving average price is GBX 171.60 and its 200 day moving average price is GBX 177.08.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on SPT shares. JPMorgan Chase & Co. dropped their price target on Spirent Communications from GBX 344 ($4.36) to GBX 321 ($4.07) and set an “overweight” rating for the company in a research report on Monday, September 16th. Canaccord Genuity Group raised Spirent Communications to a “speculative buy” rating and set a GBX 199 ($2.52) target price for the company in a research note on Wednesday, August 7th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 225 ($2.85) price target on shares of Spirent Communications in a report on Friday, November 22nd.

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.