Spectris (LON:SXS - Get Free Report)'s stock had its "buy" rating reiterated by equities researchers at Shore Capital in a research report issued to clients and investors on Thursday, MarketBeat.com reports.
Spectris Stock Up 9.4 %
LON:SXS traded up GBX 255.14 ($3.14) on Thursday, hitting GBX 2,955.14 ($36.38). 472,541 shares of the company's stock were exchanged, compared to its average volume of 829,068. The company has a market cap of £2.92 billion, a P/E ratio of 1,102.66, a price-to-earnings-growth ratio of 2.74 and a beta of 0.61. The firm has a 50-day moving average price of GBX 2,535.95 and a 200-day moving average price of GBX 2,701.42. The company has a debt-to-equity ratio of 4.37, a current ratio of 2.36 and a quick ratio of 1.03. Spectris has a 52 week low of GBX 2,370 ($29.18) and a 52 week high of GBX 3,803 ($46.82).
Insider Activity
In related news, insider Alison Henwood acquired 19 shares of the firm's stock in a transaction on Tuesday, November 12th. The shares were purchased at an average cost of GBX 2,599 ($32.00) per share, for a total transaction of £493.81 ($607.92). Also, 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 price of GBX 2,476 ($30.48) per share, with a total value of £299,992.16 ($369,312.03). In the last 90 days, insiders purchased 14,553 shares of company stock valued at $36,045,861. 1.21% of the stock is owned by insiders.
Spectris Company Profile
(
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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