SThree (LON:STEM) Trading Down 5.1% – Time to Sell?

SThree plc (LON:STEM)’s stock price was down 5.1% during trading on Tuesday . The company traded as low as GBX 278 ($3.47) and last traded at GBX 278 ($3.47). Approximately 219,281 shares changed hands 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 ($3.66).

Analyst Ratings Changes

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

SThree Stock Performance

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

Insider Transactions at SThree

In related news, insider Elaine O’Donnell bought 5,500 shares of the company’s stock in a transaction on Thursday, November 14th. The shares were bought at an average price of GBX 344 ($4.29) per share, with a total value of £18,920 ($23,602.79). Also, insider Andrew Beach purchased 9,436 shares of the business’s stock in a transaction on Tuesday, December 17th. The shares were bought at an average price of GBX 265 ($3.31) per share, for a total transaction of £25,005.40 ($31,194.36). Over the last three months, insiders have acquired 15,041 shares of company stock valued at $4,428,460. 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.