Insider Buying: Spectris (LON:SXS) Insider Purchases £534.43 in Stock

Spectris plc (LON:SXS) insider Alison Henwood acquired 13 shares of the company’s stock in a transaction on Tuesday, November 11th. The stock was bought at an average price of GBX 4,111 per share, for a total transaction of £534.43.

Spectris Trading Down 0.1%

Shares of LON:SXS opened at GBX 4,112 on Friday. The firm has a fifty day moving average of GBX 4,097.04 and a two-hundred day moving average of GBX 3,575.88. The company has a quick ratio of 1.03, a current ratio of 2.36 and a debt-to-equity ratio of 4.37. Spectris plc has a 12-month low of GBX 1,877 and a 12-month high of GBX 4,170. The firm has a market capitalization of £4.09 billion, a P/E ratio of 71.39, a price-to-earnings-growth ratio of 2.74 and a beta of 0.61.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft boosted their target price on Spectris from GBX 3,763 to GBX 4,147 and gave the company a “hold” rating in a research note on Friday, September 5th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 3,573.50.

Spectris Company Profile

The experts in providing insight through precision measurement.

Our purpose is to deliver value beyond measure – going beyond just the measurement.

Precision is at the heart of what we do. Spectris provides global customers with specialist insight through our high-tech instruments and test equipment, augmented by the power of our software.

Through a combination of our hardware, analytical and simulation software, we provide our customers with superior data and invaluable insights that enable them to work faster, smarter and more efficiently.

This equips them with the ability to reduce time to market, improve processes, quality and yield.