INSPECS Group (LON:SPEC) Stock Price Up 3.1% – What’s Next?

Shares of INSPECS Group plc (LON:SPEC) rose 3.1% during trading on Wednesday . The company traded as high as GBX 100 and last traded at GBX 100. 10 shares were traded 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 Stock Performance

The firm’s fifty day simple moving average is GBX 87.74 and its 200 day simple moving average is GBX 80.77. The company has a market capitalization of £109.17 million, a price-to-earnings ratio of -10.64 and a beta of 1.61. The company has a debt-to-equity ratio of 74.99, a current ratio of 1.32 and a quick ratio of 0.89.

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