Spectris (LON:SXS) Shares Pass Above 200-Day Moving Average of $3,446.42

Spectris plc (LON:SXS) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3,446.42 ($42.32) and traded as high as GBX 3,456 ($42.44). Spectris shares last traded at GBX 3,396 ($41.70), with a volume of 217,902 shares changing hands.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on SXS. JPMorgan Chase & Co. restated an “overweight” rating and issued a £115 ($141.23) price target on shares of Spectris in a research note on Friday, September 8th. Shore Capital restated a “buy” rating on shares of Spectris in a research report on Tuesday, October 31st. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 5,821.25 ($71.49).

Spectris Trading Up 0.7 %

The company has a 50 day moving average of GBX 3,237.90 and a 200 day moving average of GBX 3,445.47. The company has a debt-to-equity ratio of 4.60, a quick ratio of 1.03 and a current ratio of 2.08. The stock has a market capitalization of £3.44 billion, a price-to-earnings ratio of 2,621.71, a P/E/G ratio of 2.74 and a beta of 0.73.

About Spectris

Spectris plc provides precision measurement solutions worldwide. It operates through Spectris Scientific, Spectris Dynamics, and Other segments. The Spectris Scientific segment provides advanced sensors and instruments used to measure, analyze, and characterize materials; and monitor ultra-clean manufacturing environments.