Andrew Beach Buys 40 Shares of SThree plc (LON:STEM) Stock

SThree plc (LON:STEM) insider Andrew Beach acquired 40 shares of the stock in a transaction that occurred on Monday, October 14th. The stock was purchased at an average price of GBX 367 ($4.79) per share, for a total transaction of £146.80 ($191.69).

Andrew Beach also recently made the following trade(s):

• On Monday, August 12th, Andrew Beach bought 39 shares of SThree stock. The stock was acquired at an average cost of GBX 387 ($5.05) per share, with a total value of £150.93 ($197.09).
• On Tuesday, July 23rd, Andrew Beach sold 27,504 shares of SThree stock. The shares were sold at an average price of GBX 424 ($5.54), for a total value of £116,616.96 ($152,281.22).

SThree Trading Up 1.4 %

LON:STEM opened at GBX 372.50 ($4.86) on Wednesday. The company has a market capitalization of £493.41 million, a PE ratio of 886.90, a price-to-earnings-growth ratio of 0.75 and a beta of 0.98. The company has a quick ratio of 1.69, a current ratio of 1.89 and a debt-to-equity ratio of 11.91. SThree plc has a 52-week low of GBX 330.50 ($4.32) and a 52-week high of GBX 457.50 ($5.97). The stock has a fifty day simple moving average of GBX 389.90 and a 200-day simple moving average of GBX 414.07.

SThree Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, December 6th. Stockholders of record on Thursday, November 7th will be paid a dividend of GBX 5.10 ($0.07) per share. This represents a dividend yield of 1.22%. The ex-dividend date is Thursday, November 7th. SThree’s dividend payout ratio (DPR) is presently 4,047.62%.

Analysts Set New Price Targets

A number of equities research analysts have commented on STEM shares. Berenberg Bank reissued a “buy” rating and issued a GBX 550 ($7.18) target price on shares of SThree in a report on Tuesday, June 18th. Jefferies Financial Group reduced their target price on SThree from GBX 430 ($5.62) to GBX 420 ($5.48) and set a “hold” rating for the company in a report on Tuesday, July 16th.

About SThree

SThree plc provides specialist recruitment services in the sciences, technology, engineering, and mathematics markets in the United Kingdom, Austria, Germany, Switzerland, Netherlands, Spain, Belgium, France, the United States, Dubai, Japan. The company offers recruitment services for permanent and contract roles, as well as support services.