INSPECS Group (LON:SPEC) Trading Up 3.1% – Time to Buy?

INSPECS Group plc (LON:SPEC)’s stock price was up 3.1% on Wednesday . The company traded as high as GBX 100 and last traded at GBX 100. 10 shares traded hands during 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 company has a quick ratio of 0.89, a current ratio of 1.32 and a debt-to-equity ratio of 74.99. The firm’s fifty day moving average price is GBX 88.10 and its 200-day moving average price is GBX 80.99. The stock has a market cap of £105.90 million, a P/E ratio of -10.32 and a beta of 1.61.

INSPECS Group (LON:SPEC) last posted its quarterly earnings results on Wednesday, May 13th. The company reported GBX 7.28 EPS for the quarter. The company had revenue of £191.70 million during the quarter. INSPECS Group had a negative net margin of 2.67% and a negative return on equity of 6.07%. Analysts forecast that INSPECS Group plc will post 5.5500982 earnings per share for the current 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.