Adept Telecom (ADT) Rating Reiterated by Northland Securities

Adept Telecom (LON:ADT)‘s stock had its “buy” rating reiterated by analysts at Northland Securities in a report released on Thursday.

Shares of Adept Telecom stock opened at GBX 338 ($4.74) on Thursday. Adept Telecom has a 52-week low of GBX 256.20 ($3.60) and a 52-week high of GBX 385 ($5.40).

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In other Adept Telecom news, insider Christopher Kingsman purchased 129,537 shares of the stock in a transaction on Wednesday, February 21st. The shares were purchased at an average price of GBX 305 ($4.28) per share, with a total value of £395,087.85 ($554,587.10). Insiders acquired a total of 934,537 shares of company stock worth $284,933,785 in the last three months.

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About Adept Telecom

AdEPT Telecom plc provides voice and data telecommunication services to small and medium-sized business customers in the United Kingdom. The company operates through two segments, Fixed Line Services and Managed Services. It offers landline call, line rental, broadband, IT, and mobile and data connectivity services, as well as IP telephony, and support and maintenance services.

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