Spectris (LON:SXS) Trading Up 10.9% – Time to Buy?

Spectris plc (LON:SXSGet Free Report)’s stock price traded up 10.9% on Thursday . The company traded as high as GBX 3,114.76 ($38.34) and last traded at GBX 2,995.52 ($36.88). 641,436 shares changed hands during trading, a decline of 24% from the average session volume of 839,624 shares. The stock had previously closed at GBX 2,700 ($33.24).

Spectris Stock Performance

The stock’s 50 day simple moving average is GBX 2,535.95 and its two-hundred day simple moving average is GBX 2,701.42. The company has a market cap of £2.96 billion, a PE ratio of 1,115.67, 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.

Insider Buying and Selling

In other Spectris news, insider Mark Williamson bought 12,116 shares of the company’s stock in a transaction that occurred on Tuesday, November 5th. The stock was purchased at an average price of GBX 2,476 ($30.48) per share, with a total value of £299,992.16 ($369,312.03). Also, insider Alison Henwood purchased 19 shares of Spectris stock in a transaction on Tuesday, November 12th. The shares were acquired at an average cost of GBX 2,599 ($32.00) per share, for a total transaction of £493.81 ($607.92). In the last ninety days, insiders have bought 14,553 shares of company stock valued at $36,045,861. 1.21% of the stock is currently owned by company 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.

See Also

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.