Spirent Communications (OTCMKTS:SPMYY) Upgraded at ValuEngine

ValuEngine upgraded shares of Spirent Communications (OTCMKTS:SPMYY) from a hold rating to a buy rating in a report released on Thursday morning, ValuEngine reports.

Separately, Zacks Investment Research downgraded Farmers & Merchants Bancorp, Inc. (OH) from a hold rating to a strong sell rating in a report on Thursday, May 9th.

Shares of OTCMKTS SPMYY opened at $8.04 on Thursday. The business’s fifty day moving average is $7.92. Spirent Communications has a 1-year low of $5.82 and a 1-year high of $8.74. The firm has a market capitalization of $1.23 billion, a P/E ratio of 18.70, a PEG ratio of 2.88 and a beta of 0.67.

Spirent Communications Company Profile

Spirent Communications plc provides solutions to develop devices and equipment and to operate networks worldwide. The company operates through three segments: Networks & Security, Lifecycle Service Assurance, and Connected Devices. The Networks & Security segment develops performance and security test systems to accelerate the development of new devices, networks, and applications for high-speed Ethernet/IP, mobile, and global satellite navigation systems.

Featured Story: The role of implied volatility with call option volume

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Spirent Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spirent Communications and related companies with MarketBeat.com's FREE daily email newsletter.