Spectris plc (LON:SXS) Insider Andrew Heath Acquires 5 Shares

Spectris plc (LON:SXS - Get Free Report) insider Andrew Heath purchased 5 shares of the business's stock in a transaction that occurred on Friday, February 7th. The stock was bought at an average price of GBX 3,012 ($37.49) per share, for a total transaction of £150.60 ($187.45).

Andrew Heath also recently made the following trade(s):

• On Wednesday, January 8th, Andrew Heath purchased 6 shares of Spectris stock. The stock was bought at an average cost of GBX 2,512 ($31.27) per share, with a total value of £150.72 ($187.60).
• On Thursday, November 14th, Andrew Heath acquired 2,406 shares of Spectris stock. The shares were purchased at an average cost of GBX 2,480 ($30.87) per share, for a total transaction of £59,668.80 ($74,270.35).

Spectris Stock Performance

Shares of LON SXS traded down GBX 18 ($0.22) during trading on Thursday, reaching GBX 3,014 ($37.52). 270,677 shares of the company traded hands, compared to its average volume of 547,566. The firm has a 50 day simple moving average of GBX 2,677.45 and a 200-day simple moving average of GBX 2,695.30. Spectris plc has a 52-week low of GBX 2,370 ($29.50) and a 52-week high of GBX 3,730 ($46.43). The stock has a market capitalization of £3.00 billion, a PE ratio of 11.16, a P/E/G ratio of 2.74 and a beta of 0.61. The company has a quick ratio of 1.03, a current ratio of 2.36 and a debt-to-equity ratio of 4.37.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a "buy" rating on shares of Spectris in a research note on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of GBX 4,707.50 ($58.59).

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.