INSPECS Group (LON:SPEC) Trading 5.4% Higher – Time to Buy?

INSPECS Group plc (LON:SPEC) shares shot up 5.4% during mid-day trading on Thursday . The stock traded as high as GBX 49 ($0.66) and last traded at GBX 49 ($0.66). 148,729 shares changed hands during trading, a decline of 54% from the average session volume of 320,908 shares. The stock had previously closed at GBX 46.50 ($0.63).

INSPECS Group Price Performance

The company has a market capitalization of £49.82 million, a PE ratio of -12.13 and a beta of 2.22. The company has a debt-to-equity ratio of 43.59, a current ratio of 1.46 and a quick ratio of 0.89. The stock’s 50 day simple moving average is GBX 43.98 and its 200-day simple moving average is GBX 44.80.

INSPECS Group (LON:SPEC) last announced its quarterly earnings data on Thursday, April 10th. The company reported GBX 3.53 ($0.05) EPS for the quarter. INSPECS Group had a negative net margin of 2.10% and a negative return on equity of 4.00%. As a group, equities analysts forecast that INSPECS Group plc will post 5.5500982 earnings per share for the current fiscal year.

INSPECS Group Company Profile

Inspecs is a designer, manufacturer and distributor of eyewear frames. The Group produces a broad range of frames, covering optical, sunglasses and safety, which are either “Branded” (either under licence or under the Group’s own proprietary brands), or “OEM” (including private label on behalf of retail customers and un-branded).