S&T (ETR:SANT) Stock Price Up 3.4%

S&T AG (ETR:SANT) shares shot up 3.4% on Wednesday . The company traded as high as €20.14 ($23.42) and last traded at €20.14 ($23.42), 265,594 shares changed hands during mid-day trading. An increase of 14% from the average session volume of 233,112 shares. The stock had previously closed at €19.48 ($22.65).

Several equities research analysts have issued reports on the company. Kepler Capital Markets set a €27.00 ($31.40) price target on S&T and gave the company a “buy” rating in a report on Thursday, November 7th. HSBC set a €30.00 ($34.88) price objective on shares of S&T and gave the company a “buy” rating in a report on Wednesday, November 13th. Hauck & Aufhaeuser set a €30.00 ($34.88) price objective on shares of S&T and gave the company a “buy” rating in a report on Monday, November 4th. Finally, Warburg Research set a €26.00 ($30.23) price objective on shares of S&T and gave the company a “buy” rating in a research report on Thursday, November 7th.

The stock has a market capitalization of $1.32 billion and a price-to-earnings ratio of 27.82. The company’s 50-day simple moving average is €19.83 and its 200-day simple moving average is €19.65. The company has a debt-to-equity ratio of 83.74, a current ratio of 1.59 and a quick ratio of 1.23.

About S&T (ETR:SANT)

S&T AG develops, implements, and markets IT hardware, solutions, and services primarily in Germany, Austria, Switzerland, Eastern Europe, and North America. It operates through three segments: IT services, IoT Solutions, and Embedded Systems. The company offers devices for workplaces, such as desktops, notebooks, and tablets; external hard disks and fan less devices, as well as peripherals, including monitors and printers; and special solutions for POS comprising checkout systems, self-service terminals, and electronic advertising spaces.

Further Reading: Overbought

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