SThree (LON:STEM) Trading 6.9% Higher – Should You Buy?

Shares of SThree plc (LON:STEM – Get Free Report) shot up 6.9% during mid-day trading on Tuesday . The company traded as high as GBX 266.50 and last traded at GBX 260.92. 2,296,494 shares were traded during mid-day trading, an increase of 275% from the average session volume of 611,924 shares. The stock had previously closed at GBX 244.

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 250 price objective on shares of SThree in a research note on Tuesday, July 21st. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, SThree presently has a consensus rating of “Buy” and an average target price of GBX 270.

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SThree Price Performance

The company has a debt-to-equity ratio of 23.25, a quick ratio of 1.69 and a current ratio of 2.05. The company’s 50 day moving average price is GBX 179.34 and its 200-day moving average price is GBX 172.49. The company has a market cap of £317.68 million, a price-to-earnings ratio of 19.19, a PEG ratio of 0.75 and a beta of 0.67.

SThree (LON:STEM – Get Free Report) last posted its quarterly earnings results on Tuesday, July 21st. The company reported GBX 2.10 earnings per share (EPS) for the quarter. SThree had a net margin of 1.04% and a return on equity of 5.85%. On average, equities research analysts forecast that SThree plc will post 38.490881 earnings per share for the current fiscal year.

About SThree

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SThree plc brings skilled people together to build the future. We are the global STEM workforce consultancy, placing highly skilled, STEM specialist workers in the industries where they are needed most. We advise businesses, build expert teams, and deliver project solutions for our clients. With 40 years of experience in pure-play STEM and a global team with local expertise across 11 countries, we cover high-demand skills across Engineering, Life Sciences and Technology roles.

We provide permanent and flexible contract talent to a diverse base of around 6,000 clients.

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