Softcat (LON:SCT) Earns Neutral Rating from JPMorgan Chase & Co.

Softcat (LON:SCT)‘s stock had its “neutral” rating reissued by stock analysts at JPMorgan Chase & Co. in a research note issued to investors on Friday, Marketbeat Ratings reports.

Softcat Trading Down 2.9%

SCT opened at GBX 1,626 ($21.83) on Friday. The firm has a market cap of £3.23 billion, a P/E ratio of 27.22, a P/E/G ratio of 11.51 and a beta of 0.71. Softcat has a 12 month low of GBX 1,427 ($19.15) and a 12 month high of GBX 1,960 ($26.31). The company has a current ratio of 1.60, a quick ratio of 1.38 and a debt-to-equity ratio of 3.48. The stock has a 50-day moving average of GBX 1,762.89 and a 200 day moving average of GBX 1,642.36.

About Softcat

Softcat plc operates 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.