Darktrace (LON:DARK) Given Buy Rating at Numis Securities

Numis Securities reaffirmed their buy rating on shares of Darktrace (LON:DARK) in a report issued on Thursday, Marketbeat Ratings reports. They currently have a GBX 520 ($6.58) target price on the stock.

Separately, Berenberg Bank upped their target price on Darktrace from GBX 600 ($7.59) to GBX 630 ($7.97) and gave the company a buy rating in a report on Thursday.

Darktrace Stock Down 0.6 %

Shares of DARK opened at GBX 459.30 ($5.81) on Thursday. The company has a debt-to-equity ratio of 19.89, a quick ratio of 1.43 and a current ratio of 1.42. The stock has a 50 day moving average price of GBX 400.01 and a 200 day moving average price of GBX 372.21. The stock has a market capitalization of £3.22 billion, a price-to-earnings ratio of 3,533.08 and a beta of 0.74. Darktrace has a one year low of GBX 237.29 ($3.00) and a one year high of GBX 501.60 ($6.35).

Insider Buying and Selling at Darktrace

In other Darktrace news, insider Poppy Gustafsson sold 150,000 shares of the company’s stock in a transaction on Monday, March 18th. The stock was sold at an average price of GBX 468 ($5.92), for a total value of £702,000 ($888,495.13). 50.04% of the stock is owned by company insiders.

Darktrace Company Profile

Darktrace plc, together with its subsidiaries, engages in the development and sale of cyber-threat defense technology solutions in the United Kingdom, the United States, Europe, and internationally. Its products include Darktrace PREVENT, an attack surface management that continuously monitors attack surface for risks, high-impact vulnerabilities, and external threats; and Darktrace DETECT, which analyzes thousands of metrics to reveal subtle deviations that may signal an evolving threat, including unknown techniques and novel malware, as well as installs in minutes, identifies threats, and avoids disruption.