Darktrace (LON:DARK) PT Raised to GBX 630

Darktrace (LON:DARK) had its target price lifted by Berenberg Bank from GBX 600 ($7.59) to GBX 630 ($7.97) in a research note released on Thursday, Marketbeat reports. They currently have a buy rating on the stock.

Darktrace Price Performance

Shares of Darktrace stock opened at GBX 459.30 ($5.81) on Thursday. The company’s 50-day moving average price is GBX 400.01 and its two-hundred day moving average price is GBX 371.89. The company has a current ratio of 1.42, a quick ratio of 1.43 and a debt-to-equity ratio of 19.89. The stock has a market cap of £3.22 billion, a PE ratio of 3,533.08 and a beta of 0.74. Darktrace has a 52 week low of GBX 237.29 ($3.00) and a 52 week high of GBX 501.60 ($6.35).

Insiders Place Their Bets

In other Darktrace news, insider Poppy Gustafsson sold 150,000 shares of the business’s stock in a transaction dated Monday, March 18th. The stock was sold at an average price of GBX 468 ($5.92), for a total transaction of £702,000 ($888,495.13). Corporate insiders own 50.04% of the company’s stock.

About Darktrace

Darktrace plc, together with its subsidiaries, engages in the development and sale of cyber-threat defense technology solutions in the United Kingdom, the United States, Europe, and internationally. Its products include Darktrace PREVENT, an attack surface management that continuously monitors attack surface for risks, high-impact vulnerabilities, and external threats; and Darktrace DETECT, which analyzes thousands of metrics to reveal subtle deviations that may signal an evolving threat, including unknown techniques and novel malware, as well as installs in minutes, identifies threats, and avoids disruption.