INSPECS Group (LON:SPEC) Reaches New 52-Week High – Should You Buy?

INSPECS Group plc (LON:SPEC) shares reached a new 52-week high on Wednesday . The company traded as high as GBX 98 and last traded at GBX 98, with a volume of 33492 shares traded. The stock had previously closed at GBX 84.50.

INSPECS Group Stock Performance

The company has a current ratio of 1.32, a quick ratio of 0.89 and a debt-to-equity ratio of 74.99. The stock’s fifty day simple moving average is GBX 83.09 and its 200 day simple moving average is GBX 78.35. The company has a market cap of £99.64 million, a price-to-earnings ratio of -10.43 and a beta of 1.67.

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

About INSPECS Group

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.