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

Shore Capital restated their buy rating on shares of Spectris (LON:SXSFree Report) in a research report report published on Thursday, Marketbeat.com reports.

Spectris Stock Performance

SXS opened at GBX 2,950 ($36.82) on Thursday. The stock’s 50 day simple moving average is GBX 2,552.34 and its 200-day simple moving average is GBX 2,703.79. 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 stock has a market cap of £2.92 billion, a PE ratio of 1,100.75, a P/E/G ratio of 2.74 and a beta of 0.61. Spectris has a 1 year low of GBX 2,370 ($29.58) and a 1 year high of GBX 3,803 ($47.47).

Insider Buying and Selling at Spectris

In related news, insider Mark Williamson bought 12,116 shares of the business’s stock in a transaction that occurred on Tuesday, November 5th. The stock was acquired at an average price of GBX 2,476 ($30.91) per share, for a total transaction of £299,992.16 ($374,475.30). Also, insider Alison Henwood purchased 19 shares of the stock in a transaction on 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 ($616.41). Insiders have acquired 14,553 shares of company stock valued at $36,045,861 in the last 90 days. 1.21% of the stock is currently owned by company 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.

See Also

Analyst Recommendations for Spectris (LON:SXS)

Receive News & Ratings for Spectris Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Spectris and related companies with MarketBeat.com's FREE daily email newsletter.