Spectris (LON:SXS) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Spectris plc (LON:SXSGet Free Report)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,707.66 ($32.94) and traded as high as GBX 2,736 ($33.29). Spectris shares last traded at GBX 2,708 ($32.95), with a volume of 276,184 shares traded.

Spectris Stock Up 2.0 %

The business has a 50 day moving average of GBX 2,528.65 and a 200-day moving average of GBX 2,706.88. The stock has a market cap of £2.68 billion, a PE ratio of 1,010.45, a P/E/G ratio of 2.74 and a beta of 0.61. The company has a current ratio of 2.36, a quick ratio of 1.03 and a debt-to-equity ratio of 4.37.

Insider Buying and Selling at Spectris

In related news, insider Mark Williamson bought 12,116 shares of the stock in a transaction on Tuesday, November 5th. The shares were bought at an average cost of GBX 2,476 ($30.13) per share, for a total transaction of £299,992.16 ($364,998.37). Also, insider Alison Henwood bought 19 shares of the stock in a transaction on Tuesday, November 12th. The stock was bought at an average price of GBX 2,599 ($31.62) per share, for a total transaction of £493.81 ($600.82). In the last ninety days, insiders have purchased 14,553 shares of company stock worth $36,045,861. 1.21% of the stock is currently owned by insiders.

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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