Sportech (LON:SPO) Receives “Hold” Rating from Peel Hunt

Sportech (LON:SPO)‘s stock had its “hold” rating reiterated by stock analysts at Peel Hunt in a research note issued to investors on Thursday, LSE.Co.UK reports. They currently have a GBX 40 ($0.52) price target on the stock.

Separately, Peel Hunt reaffirmed a “hold” rating and set a GBX 40 ($0.52) price target on shares of Sportech in a research report on Monday.

The stock’s 50 day moving average price is GBX 33.49 and its 200-day moving average price is GBX 33.31. Sportech has a 52-week low of GBX 25 ($0.33) and a 52-week high of GBX 71.80 ($0.94). The firm has a market cap of $62.29 million and a PE ratio of -23.57.

In other news, insider Richard Anthony McGuire purchased 130,000 shares of the stock in a transaction on Tuesday, July 2nd. The stock was bought at an average price of GBX 33 ($0.43) per share, with a total value of £42,900 ($56,056.45).

About Sportech

Sportech PLC, a sports entertainment company, provides technology solutions for gaming companies, sports teams, and racetracks in the United Kingdom, North America, South America, Europe, and internationally. It operates thorough Sportech Racing and Digital, Sportech Venues, and Corporate Costs segments.

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