Spectris plc (LON:SXS) Insider Purchases £150.60 in Stock

Spectris plc (LON:SXS) insider Andrew Heath acquired 5 shares of Spectris stock in a transaction dated Friday, February 7th. The shares were acquired at an average cost of GBX 3,012 ($37.32) per share, with a total value of £150.60 ($186.62).

Andrew Heath also recently made the following trade(s):

• On Wednesday, January 8th, Andrew Heath acquired 6 shares of Spectris stock. The shares were bought at an average price of GBX 2,512 ($31.13) per share, with a total value of £150.72 ($186.77).
• On Thursday, November 14th, Andrew Heath bought 2,406 shares of Spectris stock. The shares were acquired at an average price of GBX 2,480 ($30.73) per share, for a total transaction of £59,668.80 ($73,939.03).

Spectris Trading Up 1.5 %

Shares of LON:SXS traded up GBX 45 ($0.56) during midday trading on Monday, hitting GBX 3,047 ($37.76). The company had a trading volume of 348,185 shares, compared to its average volume of 571,637. Spectris plc has a 12 month low of GBX 2,370 ($29.37) and a 12 month high of GBX 3,730 ($46.22). The stock has a market cap of £3.01 billion, a price-to-earnings ratio of 1,136.94, a PEG ratio of 2.74 and a beta of 0.61. The company has a current ratio of 2.36, a quick ratio of 1.03 and a debt-to-equity ratio of 4.37. The firm has a fifty day simple moving average of GBX 2,647.04 and a 200 day simple moving average of GBX 2,695.96.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “buy” rating on shares of Spectris in a research report on Thursday, January 23rd. One analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, Spectris currently has a consensus rating of “Moderate Buy” and an average price target of GBX 4,707.50 ($58.33).

About Spectris

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.