Spectris plc (LON:SXS) Insider Derek Harding Purchases 6 Shares

Spectris plc (LON:SXS) insider Derek Harding acquired 6 shares of the company’s stock in a transaction dated Friday, March 7th. The shares were bought at an average cost of GBX 2,667 ($34.48) per share, with a total value of £160.02 ($206.85).

Spectris Stock Down 3.4 %

LON SXS traded down GBX 88 ($1.14) during mid-day trading on Monday, reaching GBX 2,514 ($32.50). The stock had a trading volume of 248,260 shares, compared to its average volume of 1,475,437. The company has a fifty day moving average price of GBX 2,796.65 and a 200 day moving average price of GBX 2,687.78. 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 plc has a 1 year low of GBX 2,370 ($30.64) and a 1 year high of GBX 3,430 ($44.34). The stock has a market cap of £2.50 billion, a PE ratio of 9.31, a price-to-earnings-growth ratio of 2.74 and a beta of 0.61.

Spectris (LON:SXS) last issued its quarterly earnings data on Friday, February 28th. The company reported GBX 148.10 ($1.91) earnings per share for the quarter. Spectris had a net margin of 20.44% and a return on equity of 20.13%. On average, research analysts expect that Spectris plc will post 194.7972456 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “buy” rating on shares of Spectris in a research note on Thursday, January 23rd. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of GBX 3,949 ($51.05).

About Spectris

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.