SThree plc (LON:STEM – Get Free Report) shares rose 0.7% during mid-day trading on Thursday . The company traded as high as GBX 298 and last traded at GBX 286.50. 164,767 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 757,750 shares. The stock had previously closed at GBX 284.50.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 250 price target on shares of SThree in a report on Tuesday, July 21st. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, SThree currently has a consensus rating of “Buy” and a consensus target price of GBX 270.
Read Our Latest Stock Report on STEM
SThree Stock Performance
SThree (LON:STEM – Get Free Report) last released its earnings results on Tuesday, July 21st. The company reported GBX 2.10 earnings per share (EPS) for the quarter. SThree had a net margin of 1.04% and a return on equity of 5.85%. On average, analysts predict that SThree plc will post 38.490881 EPS for the current fiscal year.
Insider Buying and Selling
In other news, insider Timo Lehne bought 20,427 shares of the stock in a transaction on Wednesday, August 12th. The shares were purchased at an average price of GBX 289 per share, for a total transaction of £59,034.03. Insiders bought a total of 20,495 shares of company stock valued at $5,915,295 in the last quarter. Insiders own 15.66% of the company’s stock.
SThree Company Profile
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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