Spectris (LON:SXS) Shares Pass Above 200 Day Moving Average – Time to Sell?

Spectris plc (LON:SXS) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 3,231.78 ($43.16) and traded as high as GBX 4,092 ($54.65). Spectris shares last traded at GBX 4,090 ($54.62), with a volume of 1,860,889 shares changing hands.

Analyst Ratings Changes

A number of research firms have issued reports on SXS. Shore Capital reaffirmed a “buy” rating on shares of Spectris in a report on Wednesday, July 2nd. Deutsche Bank Aktiengesellschaft raised their target price on Spectris from GBX 3,763 to GBX 4,147 and gave the company a “hold” rating in a report on Friday, September 5th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, Spectris currently has an average rating of “Moderate Buy” and a consensus target price of GBX 3,573.50.

Spectris Price Performance

The stock has a 50-day simple moving average of GBX 4,075.53 and a 200 day simple moving average of GBX 3,231.78. The company has a debt-to-equity ratio of 4.37, a quick ratio of 1.03 and a current ratio of 2.36. The company has a market cap of £4.06 billion, a P/E ratio of 7,100.69, a P/E/G ratio of 2.74 and a beta of 0.61.

Spectris (LON:SXS) last announced its quarterly earnings data on Thursday, August 7th. The company reported GBX 38.40 EPS for the quarter. Spectris had a return on equity of 20.13% and a net margin of 20.44%. On average, equities analysts expect that Spectris plc will post 194.7972456 EPS for the current year.

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.