SThree (LON:STEM) Stock Price Down 5.1% – What’s Next?

Shares of SThree plc (LON:STEM) were down 5.1% during trading on Tuesday . The company traded as low as GBX 278 ($3.44) and last traded at GBX 278 ($3.44). Approximately 219,281 shares were traded during mid-day trading, an increase of 0% from the average daily volume of 218,465 shares. The stock had previously closed at GBX 293 ($3.62).

Wall Street Analyst Weigh In

STEM has been the topic of several recent research reports. Berenberg Bank decreased their price objective on shares of SThree from GBX 520 ($6.43) to GBX 390 ($4.82) and set a “buy” rating for the company in a research report on Thursday, December 12th. Jefferies Financial Group restated a “hold” rating and set a GBX 300 ($3.71) price objective on shares of SThree in a report on Tuesday, December 17th.

SThree Stock Performance

The company has a debt-to-equity ratio of 11.91, a current ratio of 1.89 and a quick ratio of 1.69. The stock has a fifty day moving average price of GBX 324.45 and a two-hundred day moving average price of GBX 373.69. The company has a market cap of £366.14 million, a P/E ratio of 655.95, a PEG ratio of 0.75 and a beta of 0.98.

Insider Activity at SThree

In other news, insider Elaine O’Donnell acquired 5,500 shares of SThree stock in a transaction on Thursday, November 14th. The stock was bought at an average cost of GBX 344 ($4.25) per share, with a total value of £18,920 ($23,386.90). Also, insider Andrew Beach purchased 9,436 shares of SThree stock in a transaction that occurred on Tuesday, December 17th. The stock was purchased at an average price of GBX 265 ($3.28) per share, with a total value of £25,005.40 ($30,909.02). Insiders purchased 15,041 shares of company stock worth $4,428,460 in the last 90 days. Corporate insiders own 6.23% of the company’s stock.

About SThree

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.