INSPECS Group (LON:SPEC) Trading Up 5.3% – Time to Buy?

INSPECS Group plc (LON:SPEC) shot up 5.3% during mid-day trading on Friday . The company traded as high as GBX 50 ($0.65) and last traded at GBX 50 ($0.65). 241,206 shares were traded during trading, a decline of 9% from the average session volume of 264,220 shares. The stock had previously closed at GBX 47.50 ($0.61).

INSPECS Group Price Performance

The stock has a market capitalization of £50.84 million, a price-to-earnings ratio of -12.38 and a beta of 2.22. The business’s fifty day moving average price is GBX 44.92 and its 200-day moving average price is GBX 49.61. The company has a debt-to-equity ratio of 43.59, a current ratio of 1.46 and a quick ratio of 0.89.

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).