Spectris plc (LON:SXS - Get Free Report)'s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,704.56 ($33.76) and traded as high as GBX 3,036 ($37.89). Spectris shares last traded at GBX 3,030.07 ($37.82), with a volume of 316,395 shares changing hands.
Analysts Set New Price Targets
Separately, Shore Capital reaffirmed a "buy" rating on shares of Spectris in a research note on Thursday, January 23rd. One analyst has rated the stock with a sell rating and six have given a buy rating to the company's stock. According to MarketBeat.com, Spectris currently has a consensus rating of "Moderate Buy" and an average price target of GBX 4,707.50 ($58.76).
Read Our Latest Analysis on SXS
Spectris Trading Up 0.4 %
The company's fifty day moving average is GBX 2,616.88 and its 200-day moving average is GBX 2,697.71. The company has a current ratio of 2.36, a quick ratio of 1.03 and a debt-to-equity ratio of 4.37. The firm has a market capitalization of £2.96 billion, a P/E ratio of 1,117.16, a P/E/G ratio of 2.74 and a beta of 0.61.
Insider Buying and Selling at Spectris
In other Spectris news, insider Andrew Heath acquired 2,406 shares of Spectris stock in a transaction dated Thursday, November 14th. The stock was bought at an average cost of GBX 2,480 ($30.95) per share, with a total value of £59,668.80 ($74,474.29). Also, insider Alison Henwood acquired 19 shares of the stock in a transaction dated Tuesday, November 12th. The stock was bought at an average price of GBX 2,599 ($32.44) per share, for a total transaction of £493.81 ($616.34). Insiders bought 2,437 shares of company stock worth $6,046,645 over the last ninety days. Company insiders own 1.21% of the company's stock.
About Spectris
(
Get Free Report)
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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