Spectris (LON:SXS) Stock Price Passes 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 traded.

Wall Street Analyst Weigh In

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

Spectris Stock Performance

The firm has a market cap of £3.47 billion, a P/E ratio of 2,619.38, a PEG ratio of 2.74 and a beta of 0.73. The stock’s 50 day moving average is GBX 3,235.18 and its two-hundred day moving average is GBX 3,446.42. The company has a debt-to-equity ratio of 4.60, a current ratio of 2.08 and a quick ratio of 1.03.

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.