Spectris (LON:SXS) Given Buy Rating at Shore Capital

Spectris (LON:SXS)‘s stock had its “buy” rating restated by analysts at Shore Capital in a research report issued on Thursday,Digital Look reports.

Spectris Stock Up 10.1 %

Shares of SXS opened at GBX 2,972.40 ($36.59) on Thursday. The firm has a fifty day moving average price of GBX 2,535.95 and a 200-day moving average price of GBX 2,701.42. 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 firm has a market capitalization of £2.94 billion, a P/E ratio of 1,109.10, a P/E/G ratio of 2.74 and a beta of 0.61. Spectris has a 12-month low of GBX 2,370 ($29.18) and a 12-month high of GBX 3,803 ($46.82).

Insiders Place Their Bets

In other news, insider Alison Henwood acquired 19 shares of the firm’s stock in a transaction that occurred on Tuesday, November 12th. The stock was purchased at an average cost of GBX 2,599 ($32.00) per share, for a total transaction of £493.81 ($607.92). Also, insider Mark Williamson acquired 12,116 shares of the stock in a transaction that occurred on Tuesday, November 5th. The stock was acquired at an average cost of GBX 2,476 ($30.48) per share, with a total value of £299,992.16 ($369,312.03). Insiders have purchased 14,553 shares of company stock worth $36,045,861 in the last three months. Corporate insiders own 1.21% of the company’s stock.

Spectris Company Profile

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.