INSPECS Group (LON:SPEC) Shares Up 3.1% – What’s Next?
by Kim Johansen · The Markets DailyINSPECS Group plc (LON:SPEC – Get Free Report) rose 3.1% during mid-day trading on Wednesday . The stock traded as high as GBX 100 and last traded at GBX 100. 10 shares traded hands during mid-day trading, a decline of 100% from the average session volume of 523,169 shares. The stock had previously closed at GBX 97.
INSPECS Group Price Performance
The business has a 50-day moving average price of GBX 87.74 and a 200 day moving average price of GBX 80.77. The company has a market cap of £109.17 million, a price-to-earnings ratio of -10.64 and a beta of 1.61. The company has a current ratio of 1.32, a quick ratio of 0.89 and a debt-to-equity ratio of 74.99.
INSPECS Group (LON:SPEC – Get Free Report) last released its quarterly earnings data on Wednesday, May 13th. The company reported GBX 7.28 earnings per share for the quarter. The business had revenue of £191.70 million during the quarter. INSPECS Group had a negative return on equity of 6.07% and a negative net margin of 2.67%. As a group, research analysts expect that INSPECS Group plc will post 5.5500982 earnings per share for the current fiscal year.
INSPECS Group Company Profile
Inspecs is a designer, manufacturer and distributor of eyewear frames. The Group produces a broad range of frames, covering optical, sunglasses and safety, which are either “Branded” (either under licence or under the Group’s own proprietary brands), or “OEM” (including private label on behalf of retail customers and un-branded). As one of only a few companies that can offer this one-stop-shop solution to global retail chains, Inspecs is well positioned to continue to take market share in the globally expanding eyewear market.
Inspecs customers include global optical and non-optical retailers, global distributors and independent opticians, with its distribution network covering over 80 countries and reaching approximately 30,000 points of sale.