SThree (LON:STEM) Stock Price Down 5.1% – Here’s What Happened

SThree plc (LON:STEM)’s share price fell 5.1% on Tuesday . The company traded as low as GBX 278 ($3.47) and last traded at GBX 278 ($3.47). 219,281 shares changed hands during trading, an increase of 0% from the average session volume of 218,465 shares. The stock had previously closed at GBX 293 ($3.66).

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Berenberg Bank dropped their target price on shares of SThree from GBX 520 ($6.49) to GBX 390 ($4.87) and set a “buy” rating on the stock in a report on Thursday, December 12th. Jefferies Financial Group restated a “hold” rating and issued a GBX 300 ($3.74) price target on shares of SThree in a research note on Tuesday, December 17th.

SThree Trading Down 5.1 %

The company has a quick ratio of 1.69, a current ratio of 1.89 and a debt-to-equity ratio of 11.91. The stock’s 50 day moving average is GBX 325.97 and its 200-day moving average is GBX 374.30. The company has a market cap of £369.46 million, a PE ratio of 661.90, a P/E/G ratio of 0.75 and a beta of 0.98.

Insider Activity

In other SThree news, insider Andrew Beach bought 9,436 shares of the company’s stock in a transaction on Tuesday, December 17th. The stock was acquired at an average price of GBX 265 ($3.31) per share, for a total transaction of £25,005.40 ($31,194.36). Also, insider Elaine O’Donnell purchased 5,500 shares of SThree stock in a transaction dated Thursday, November 14th. The stock was acquired at an average price of GBX 344 ($4.29) per share, for a total transaction of £18,920 ($23,602.79). In the last three months, insiders have acquired 15,041 shares of company stock worth $4,428,460. 6.23% of the stock is currently owned by corporate insiders.

SThree Company Profile

SThree plc brings skilled people together to build the future. We are the only global specialist talent partner focused on roles in Science, Technology, Engineering and Mathematics (‘STEM’), providing permanent and flexible contract talent to a diverse base of over 7,200 clients across 11 countries. Our Group’s c.2,600 staff cover the Technology, Life Sciences and Engineering sectors.