Spirent Communications (OTCMKTS:SPMYY) Reaches New 12-Month Low at $11.01

Spirent Communications plc (OTCMKTS:SPMYYGet Rating) shares reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $11.01 and last traded at $11.01, with a volume of 100 shares traded. The stock had previously closed at $11.89.

Separately, Berenberg Bank lowered their target price on Spirent Communications from GBX 340 ($4.19) to GBX 300 ($3.70) in a report on Thursday, March 17th.

The stock’s 50 day moving average is $12.32 and its two-hundred day moving average is $13.39.

The business also recently announced a dividend, which will be paid on Tuesday, May 17th. Stockholders of record on Friday, March 25th will be issued a $0.1546 dividend. This represents a dividend yield of 1.87%. The ex-dividend date of this dividend is Thursday, March 24th.

About Spirent Communications (OTCMKTS:SPMYY)

Spirent Communications plc provides automated test and assurance solutions for networks, cybersecurity, and positioning in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates in Lifecycle Service Assurance and Networks & Security segments. The Lifecycle Service Assurance segment provides testing solutions for 5G mobile core networks, and cellular and Wi-Fi devices in the lab, as well as diagnoses, troubleshoots, and resolves issues with production networks and services.

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