Spirent Communications (OTCMKTS:SPMYY) Rating Lowered to Strong Sell at ValuEngine

ValuEngine downgraded shares of Spirent Communications (OTCMKTS:SPMYY) from a sell rating to a strong sell rating in a research report report published on Tuesday, ValuEngine reports.

SPMYY has been the topic of several other reports. Barclays lowered shares of Spirent Communications from an equal weight rating to an underweight rating in a research note on Thursday, January 16th. Zacks Investment Research raised shares of Spirent Communications from a hold rating to a buy rating and set a $14.00 target price on the stock in a research note on Friday, January 17th. Finally, Goldman Sachs Group lowered shares of Spirent Communications from a neutral rating to a sell rating in a research note on Tuesday, January 7th.

Shares of OTCMKTS SPMYY opened at $13.24 on Tuesday. Spirent Communications has a 12-month low of $7.48 and a 12-month high of $13.24. The company’s fifty day simple moving average is $12.12 and its 200 day simple moving average is $10.52.

About Spirent Communications

Spirent Communications plc provides solutions to develop devices and equipment and to operate networks worldwide. The company operates through three segments: Networks & Security, Lifecycle Service Assurance, and Connected Devices. The Networks & Security segment develops performance and security test systems to accelerate the development of new devices, networks, and applications for high-speed Ethernet/IP, mobile, and global satellite navigation systems.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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