Spirent Communications (OTCMKTS:SPMYY) Hits New 1-Year High at $9.94
Shares of Spirent Communications Plc (OTCMKTS:SPMYY) hit a new 52-week high on Friday . The company traded as high as $9.94 and last traded at $9.75, with a volume of 3680 shares. The stock had previously closed at $9.36.
A number of equities research analysts have weighed in on the company. Zacks Investment Research upgraded Spirent Communications from a “hold” rating to a “buy” rating and set a $9.00 target price for the company in a report on Friday, August 9th. ValuEngine upgraded Spirent Communications from a “hold” rating to a “buy” rating in a report on Thursday, July 11th.
The firm has a market capitalization of $1.43 billion, a P/E ratio of 22.67, a P/E/G ratio of 3.25 and a beta of 0.65. The stock has a fifty day simple moving average of $8.49 and a two-hundred day simple moving average of $8.06.
Spirent Communications Company Profile (OTCMKTS:SPMYY)
Spirent Communications plc provides solutions to develop devices and equipment and to operate networks worldwide. The company operates through three segments: Networks & Security, Lifecycle Service Assurance, and Connected Devices. The Networks & Security segment develops performance and security test systems to accelerate the development of new devices, networks, and applications for high-speed Ethernet/IP, mobile, and global satellite navigation systems.
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