Zacks Investment Research downgraded shares of Spectris Plc (NASDAQ:SEPJY) from a hold rating to a sell rating in a research note issued to investors on Wednesday morning.

According to Zacks, “Spectris Plc manufactures, develops and supplies industrial automation equipment. The company comprises Materials Analysis segment, Test & Measurement segment, In-Line Instrumentation segment and Industrial Controls segment. The Materials Analysis segment provides products to determine structure, composition, quantity and quality of particles and materials. The Test and Measurement segment supplies test, measurement and analysis equipment and software for product design, manufacturing control and environmental monitoring systems. The In-line Instrumentation segment provides process analytical measurement, asset monitoring and on-line controls for both primary processing and the converting industries. The Industrial Controls segment provides products and solutions which monitor, control, inform, track and trace during the production process. Spectris Plc is headquartered in Egham, the United Kingdom. “

Shares of Spectris Plc (SEPJY) opened at 15.61 on Wednesday. Spectris Plc has a 12-month low of $12.18 and a 12-month high of $17.50. The firm has a 50-day moving average price of $16.10 and a 200-day moving average price of $15.66. The firm has a market cap of $3.72 billion and a price-to-earnings ratio of 251.77.

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