Softcat plc (LON:SCT) Insider Kathryn Mecklenburgh Purchases 9 Shares

Softcat plc (LON:SCT) insider Kathryn Mecklenburgh purchased 9 shares of the stock in a transaction on Friday, March 7th. The stock was acquired at an average price of GBX 1,532 ($19.72) per share, with a total value of £137.88 ($177.52).

Kathryn Mecklenburgh also recently made the following trade(s):

• On Friday, February 7th, Kathryn Mecklenburgh acquired 10 shares of Softcat stock. The stock was acquired at an average price of GBX 1,601 ($20.61) per share, with a total value of £160.10 ($206.13).

Softcat Stock Performance

SCT opened at GBX 1,526 ($19.65) on Tuesday. The company has a market capitalization of £3.04 billion, a price-to-earnings ratio of 25.55, a P/E/G ratio of 11.51 and a beta of 0.71. The business’s 50-day moving average price is GBX 1,548.34 and its two-hundred day moving average price is GBX 1,565.53. Softcat plc has a 1 year low of GBX 1,415 ($18.22) and a 1 year high of GBX 1,855 ($23.88). The company has a debt-to-equity ratio of 3.48, a current ratio of 1.60 and a quick ratio of 1.38.

Analysts Set New Price Targets

Separately, Shore Capital restated a “buy” rating on shares of Softcat in a report on Friday.

Softcat Company Profile

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.