Spectris (LON:SXS) Shares Pass Above 200-Day Moving Average – Here’s Why

Spectris plc (LON:SXSGet Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 2,707.66 ($32.94) and traded as high as GBX 2,736 ($33.29). Spectris shares last traded at GBX 2,708 ($32.95), with a volume of 276,184 shares trading hands.

Spectris Trading Up 2.0 %

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 company has a fifty day simple moving average of GBX 2,528.65 and a 200-day simple moving average of GBX 2,706.88. The company has a market capitalization of £2.68 billion, a PE ratio of 1,010.45, a PEG ratio of 2.74 and a beta of 0.61.

Insider Buying and Selling at Spectris

In other Spectris news, insider Mark Williamson purchased 12,116 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The shares were acquired at an average price of GBX 2,476 ($30.13) per share, with a total value of £299,992.16 ($364,998.37). Also, insider Alison Henwood purchased 19 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The stock was acquired at an average cost of GBX 2,599 ($31.62) per share, for a total transaction of £493.81 ($600.82). Insiders purchased a total of 14,553 shares of company stock worth $36,045,861 in the last three months. 1.21% of the stock is owned by corporate insiders.

About Spectris

(Get Free Report)

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.

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