Spirent Communications (SPT)

Sector:

IT Hardware

Index:

FTSE 250

190.00p
   
  • Change Today:
      0.40p
  • 52 Week High: 200.00
  • 52 Week Low: 90.10
  • Currency: UK Pounds
  • Shares Issued: 578.65m
  • Volume: 16,325,305
  • Market Cap: £1,099.43m
  • RiskGrade: 172

Spirent buys US-based octoScope for $55m

By Frank Prenesti

Date: Friday 05 Mar 2021

LONDON (ShareCast) - (Sharecast News) - Technology company Spirent Communications said it had bought US peer octoScope for $55m in cash.
OctoScope makes wi-fi testing equipment used "in emulated real-world environments, including the latest Wi-Fi 6 and 6E technologies, Spirent said on Friday, with Google, Facebook, Verizon, Qualcomm, Nokia, Amazon, Philips and Sony among its clients.

Spirent said it will fund the deal from existing cash resources. Up to an extra $18m is payable based on annual revenue growth targets for 2021 and 2022 and retention of key staff.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

SPT Market Data

Currency UK Pounds
Share Price 190.00p
Change Today 0.40p
% Change 0.21 %
52 Week High 200.00
52 Week Low 90.10
Volume 16,325,305
Shares Issued 578.65m
Market Cap £1,099.43m
RiskGrade 172

SPT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
82.54% below the market average82.54% below the market average82.54% below the market average82.54% below the market average82.54% below the market average
66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average
Price Trend
47.08% above the market average47.08% above the market average47.08% above the market average47.08% above the market average47.08% above the market average
61.54% above the sector average61.54% above the sector average61.54% above the sector average61.54% above the sector average61.54% above the sector average
Income
73.01% below the market average73.01% below the market average73.01% below the market average73.01% below the market average73.01% below the market average
75% below the sector average75% below the sector average75% below the sector average75% below the sector average75% below the sector average
Growth
99% below the market average99% below the market average99% below the market average99% below the market average99% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 2
Sell 0
Strong Sell 0
Total 3
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

SPT Dividends

  Latest Previous
  Interim Final
Ex-Div 10-Aug-23 16-Mar-23
Paid 15-Sep-23 10-May-23
Amount 2.14p 4.12p

Trades for 17-May-2024

Time Volume / Share Price
10:17 251,767 @ 189.00p
10:45 446,223 @ 189.00p
14:41 203,700 @ 189.00p
14:25 175,000 @ 189.00p
10:47 1,000,000 @ 189.00p

SPT Key Personnel

CEO Eric Updyke

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