Shore Capital reissued their buy rating on shares of Spectris (LON:SXS – Free Report) in a research report sent to investors on Thursday, Marketbeat.com reports.
Spectris Price Performance
Shares of SXS opened at GBX 2,950 ($36.82) on Thursday. Spectris has a one year low of GBX 2,370 ($29.58) and a one year high of GBX 3,803 ($47.47). The stock’s fifty day moving average is GBX 2,552.34 and its 200-day moving average is GBX 2,703.79. The company has a debt-to-equity ratio of 4.37, a quick ratio of 1.03 and a current ratio of 2.36. The firm has a market capitalization of £2.92 billion, a price-to-earnings ratio of 1,100.75, a price-to-earnings-growth ratio of 2.74 and a beta of 0.61.
Insiders Place Their Bets
In related news, insider Mark Williamson bought 12,116 shares of the business’s stock in a transaction dated Tuesday, November 5th. The shares were bought at an average cost of GBX 2,476 ($30.91) per share, with a total value of £299,992.16 ($374,475.30). Also, insider Andrew Heath bought 2,406 shares of the company’s stock in a transaction dated Thursday, November 14th. The stock was purchased at an average cost of GBX 2,480 ($30.96) per share, for a total transaction of £59,668.80 ($74,483.59). In the last three months, insiders have purchased 14,553 shares of company stock worth $36,045,861. 1.21% of the stock is owned by corporate insiders.
About Spectris
The experts in providing insight through precision measurement.
Our purpose is to deliver value beyond measure – going beyond just the measurement.
Precision is at the heart of what we do. Spectris provides global customers with specialist insight through our high-tech instruments and test equipment, augmented by the power of our software.
Through a combination of our hardware, analytical and simulation software, we provide our customers with superior data and invaluable insights that enable them to work faster, smarter and more efficiently.
This equips them with the ability to reduce time to market, improve processes, quality and yield.
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