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

Softcat plc (LON:SCT) insider Kathryn Mecklenburgh acquired 9 shares of the firm’s stock in a transaction on Friday, March 7th. The shares were acquired at an average price of GBX 1,532 ($19.80) per share, with a total value of £137.88 ($178.23).

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

• On Friday, February 7th, Kathryn Mecklenburgh purchased 10 shares of Softcat stock. The stock was bought at an average cost of GBX 1,601 ($20.70) per share, with a total value of £160.10 ($206.95).

Softcat Stock Performance

Shares of LON:SCT traded down GBX 18 ($0.23) during trading on Monday, reaching GBX 1,526 ($19.73). The stock had a trading volume of 186,772 shares, compared to its average volume of 1,045,004. The company has a quick ratio of 1.38, a current ratio of 1.60 and a debt-to-equity ratio of 3.48. The stock has a fifty day simple moving average of GBX 1,548.34 and a two-hundred day simple moving average of GBX 1,565.53. The firm 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. Softcat plc has a 52 week low of GBX 1,415 ($18.29) and a 52 week high of GBX 1,855 ($23.98).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “buy” rating on shares of Softcat in a research note 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.