Softcat (LON:SCT) Rating Reiterated by Shore Capital

Softcat (LON:SCT – Get Free Report)‘s stock had its “buy” rating reissued by research analysts at Shore Capital in a note issued to investors on Friday, Marketbeat reports.

Softcat Stock Up 1.3 %

Shares of LON SCT opened at GBX 1,517 ($19.16) on Friday. The firm has a market cap of £3.03 billion, a PE ratio of 2,809.26, a P/E/G ratio of 11.51 and a beta of 0.84. Softcat has a 12-month low of GBX 1,059 ($13.37) and a 12-month high of GBX 1,549 ($19.56). The company’s fifty day simple moving average is GBX 1,460.07 and its 200 day simple moving average is GBX 1,355.96. The company has a quick ratio of 1.38, a current ratio of 1.39 and a debt-to-equity ratio of 3.16.

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Softcat Company Profile

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Softcat plc primarily acts as a value-added IT reseller and IT infrastructure solutions provider in the United Kingdom. The company advices, procures, designs, implements, and manages technology, such as software licensing, workplace technology, networking, security, and cloud and datacenter for businesses and public sector organizations.

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