SThree plc (LON:STEM – Get Free Report)’s share price rose 0.7% on Thursday . The company traded as high as GBX 298 and last traded at GBX 286.50. 164,767 shares were traded during trading, a decline of 78% from the average session volume of 757,750 shares. The stock had previously closed at GBX 284.50.
Analysts Set New Price Targets
Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 250 target price on shares of SThree in a research report on Tuesday, July 21st. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of GBX 270.
View Our Latest Analysis on STEM
SThree Trading Up 0.7%
SThree (LON:STEM – Get Free Report) last issued its quarterly earnings data on Tuesday, July 21st. The company reported GBX 2.10 earnings per share 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 EPS for the current fiscal year.
Insiders Place Their Bets
In other SThree news, insider Timo Lehne purchased 20,427 shares of the firm’s stock in a transaction on Wednesday, August 12th. The shares were acquired at an average cost of GBX 289 per share, for a total transaction of £59,034.03. Insiders have purchased 20,495 shares of company stock valued at $5,915,295 in the last 90 days. 15.66% of the stock is currently owned by company insiders.
About SThree
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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