Spectris’ (SXS) “Buy” Rating Reaffirmed at Shore Capital

Shore Capital reiterated their buy rating on shares of Spectris (LON:SXS) in a research note published on Thursday morning, MarketBeat reports.

Spectris Stock Up 0.9 %

LON SXS opened at GBX 3,012 ($37.20) on Thursday. Spectris has a 1 year low of GBX 2,370 ($29.27) and a 1 year high of GBX 3,803 ($46.97). The stock has a market capitalization of £2.98 billion, a PE ratio of 1,123.88, a PEG ratio of 2.74 and a beta of 0.61. The company has a debt-to-equity ratio of 4.37, a current ratio of 2.36 and a quick ratio of 1.03. The business’s 50-day moving average is GBX 2,535.95 and its 200 day moving average is GBX 2,701.42.

Insider Activity

In related news, insider Alison Henwood purchased 19 shares of Spectris stock in a transaction that occurred on Tuesday, November 12th. The shares were bought at an average price of GBX 2,599 ($32.10) per share, for a total transaction of £493.81 ($609.94). Also, insider Andrew Heath purchased 2,406 shares of the firm’s stock in a transaction that occurred on Thursday, November 14th. The stock was bought at an average cost of GBX 2,480 ($30.63) per share, with a total value of £59,668.80 ($73,701.58). Over the last three months, insiders have acquired 14,553 shares of company stock valued at $36,045,861. Company insiders own 1.21% of the company’s stock.

Spectris Company Profile

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.