SThree (LON:STEM) Stock Price Up 1.5% – Still a Buy?

SThree plc (LON:STEM) shares were up 1.5% during mid-day trading on Tuesday . The stock traded as high as GBX 175.20 and last traded at GBX 172.60. Approximately 851,265 shares traded hands during mid-day trading, an increase of 52% from the average daily volume of 559,046 shares. The stock had previously closed at GBX 170.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 250 price objective on shares of SThree in a research report on Tuesday, January 27th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of GBX 270.

SThree Trading Up 1.5%

The firm has a market capitalization of £216.20 million, a PE ratio of 12.69, a PEG ratio of 0.75 and a beta of 0.61. The company’s 50-day moving average price is GBX 159.93 and its 200-day moving average price is GBX 168.63. The company has a debt-to-equity ratio of 35.92, a quick ratio of 1.69 and a current ratio of 1.97.

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.