Numis Securities reissued their add rating on shares of Softcat (LON:SCT) in a research report released on Thursday, ThisIsMoney.Co.Uk reports.
SCT traded up GBX 10.50 ($0.14) during trading on Thursday, reaching GBX 940 ($12.28). The company’s stock had a trading volume of 165,653 shares, compared to its average volume of 400,057. Softcat has a 52-week low of GBX 551 ($7.20) and a 52-week high of GBX 929 ($12.14). The firm has a market capitalization of $1.82 billion and a PE ratio of 29.75.
The firm also recently disclosed a dividend, which was paid on Friday, May 10th. Shareholders of record on Thursday, April 4th were issued a GBX 4.50 ($0.06) dividend. This represents a yield of 0.52%. The ex-dividend date was Thursday, April 4th. Softcat’s dividend payout ratio is presently 0.41%.
Softcat plc primarily acts as a value-added IT reseller and IT infrastructure solutions provider in the United Kingdom. The company advices, designs, procures, implements, and manages technology for businesses and public sector organizations, such as software licensing, workplace technology, networking, security, and cloud and datacenter.
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