Softcat (LON:SCT) Sets New 1-Year Low at $1,167.00

Shares of Softcat plc (LON:SCTGet Rating) hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 1,167 ($14.10) and last traded at GBX 1,171 ($14.15), with a volume of 19515 shares. The stock had previously closed at GBX 1,183 ($14.29).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “buy” rating on shares of Softcat in a report on Tuesday, July 12th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,962 ($23.71).

Softcat Stock Performance

The company has a market capitalization of £2.35 billion and a price-to-earnings ratio of 2,319.61. The company has a current ratio of 1.38, a quick ratio of 1.22 and a debt-to-equity ratio of 4.80. The stock’s fifty day simple moving average is GBX 1,320.11 and its 200-day simple moving average is GBX 1,401.25.

Softcat Company Profile

(Get Rating)

Softcat plc primarily acts as a value-added IT reseller and IT infrastructure solutions provider in the United Kingdom. The company advices, procures, designs, implements, and manages technology, such as software licensing, workplace technology, networking, security, and cloud and datacenter for businesses and public sector organizations.

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