SThree (LON:STEM) Trading 7.9% Higher – Time to Buy?

SThree plc (LON:STEM) was up 7.9% during mid-day trading on Tuesday . The company traded as high as GBX 188.20 and last traded at GBX 185.60. Approximately 175,956 shares traded hands during trading, a decline of 73% from the average daily volume of 656,536 shares. The stock had previously closed at GBX 172.

Wall Street Analyst Weigh In

Several brokerages have issued reports on STEM. Berenberg Bank cut their price objective on shares of SThree from GBX 390 to GBX 250 and set a “buy” rating for the company in a research report on Tuesday, September 16th. Deutsche Bank Aktiengesellschaft dropped their price target on SThree from GBX 360 to GBX 290 and set a “buy” rating for the company in a research note on Tuesday, September 16th. Two investment analysts have rated the stock with a Buy rating, According to MarketBeat, SThree presently has a consensus rating of “Buy” and a consensus target price of GBX 270.

SThree Trading Up 0.1%

The business’s fifty day moving average is GBX 162.16 and its 200-day moving average is GBX 192.94. The company has a debt-to-equity ratio of 16.03, a quick ratio of 1.69 and a current ratio of 1.98. The firm has a market cap of £233.26 million, a P/E ratio of 8.42, a price-to-earnings-growth ratio of 0.75 and a beta of 0.98.

About SThree

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 more than 38 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.