SThree (LON:STEM) Stock Price Down 8.8% – Should You Sell?

Shares of SThree plc (LON:STEM) dropped 8.8% during trading on Thursday . The company traded as low as GBX 159.40 and last traded at GBX 160.20. Approximately 1,205,705 shares were traded during mid-day trading, an increase of 111% from the average daily volume of 572,630 shares. The stock had previously closed at GBX 175.60.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a “buy” rating and issued a GBX 250 price target on shares of SThree in a research note on Tuesday, January 27th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of GBX 270.

SThree Trading Down 8.8%

The company has a debt-to-equity ratio of 35.92, a quick ratio of 1.69 and a current ratio of 1.97. The firm has a market cap of £199.27 million, a PE ratio of 11.78, a price-to-earnings-growth ratio of 0.75 and a beta of 0.65. The stock has a 50-day simple moving average of GBX 161.06 and a two-hundred day simple moving average of GBX 169.43.

SThree Company Profile

SThree plc brings skilled people together to build the future. We are the global STEM workforce consultancy, placing highly skilled, STEM specialist workers in the industries where they are needed most. We advise businesses, build expert teams, and deliver project solutions for our clients. With 40 years of experience in pure-play STEM and a global team with local expertise across 11 countries, we cover high-demand skills across Engineering, Life Sciences and Technology roles.

We provide permanent and flexible contract talent to a diverse base of around 6,000 clients.