Spirent Communications plc (LON:SPT) Insider Paula Bell Acquires 65 Shares

Spirent Communications plc (LON:SPT) insider Paula Bell purchased 65 shares of Spirent Communications stock in a transaction dated Tuesday, June 24th. The shares were purchased at an average cost of GBX 192 ($2.63) per share, for a total transaction of £124.80 ($171.26).

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

• On Tuesday, May 27th, Paula Bell purchased 65 shares of Spirent Communications stock. The shares were purchased at an average cost of GBX 191 ($2.62) per share, for a total transaction of £124.15 ($170.37).

Spirent Communications Trading Up 0.5%

SPT opened at GBX 194.80 ($2.67) on Friday. The stock has a market capitalization of £1.40 billion, a P/E ratio of 105.30, a P/E/G ratio of 5.73 and a beta of 0.57. Spirent Communications plc has a 12 month low of GBX 165 ($2.26) and a 12 month high of GBX 198.80 ($2.73). The firm’s fifty day simple moving average is GBX 189.94 and its 200 day simple moving average is GBX 184.74. The company has a current ratio of 1.82, a quick ratio of 1.95 and a debt-to-equity ratio of 5.25.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reissued a “speculative buy” rating and set a GBX 199 ($2.73) price target on shares of Spirent Communications in a research report on Wednesday, May 7th.

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.