SThree (LON:STEM) Stock Crosses Above Fifty Day Moving Average – Should You Sell?

SThree plc (LON:STEM) passed above its 50 day moving average during trading on Monday. The stock has a 50 day moving average of GBX 298.76 and traded as high as GBX 312.50. SThree shares last traded at GBX 312.50, with a volume of 2,320,624 shares trading hands.

Wall Street Analyst Weigh In

Several brokerages have commented on STEM. Deutsche Bank Aktiengesellschaft boosted their price target on shares of SThree from GBX 260 to GBX 360 and gave the stock a “buy” rating in a research note on Wednesday, September 9th. Berenberg Bank restated a “buy” rating and set a GBX 250 price objective on shares of SThree in a research report on Tuesday, July 21st. Two equities research analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, SThree presently has an average rating of “Buy” and an average target price of GBX 305.

SThree Trading Down 0.6%

The company has a quick ratio of 1.69, a current ratio of 2.05 and a debt-to-equity ratio of 23.25. The stock’s 50 day moving average is GBX 298.76 and its 200-day moving average is GBX 210.01. The company has a market cap of £372.00 million, a PE ratio of 30.52, a P/E/G ratio of 0.75 and a beta of 0.78.

Insider Activity at SThree

In related news, insider Timo Lehne bought 20,427 shares of the company’s stock in a transaction dated Wednesday, August 12th. The stock was purchased at an average price of GBX 289 per share, for a total transaction of £59,034.03. In the last three months, insiders purchased 20,466 shares of company stock valued at $5,915,234. 15.00% of the stock is currently owned by insiders.

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.