Spectris (LON:SXS) Insider Andrew Heath Sells 70,000 Shares of Stock

Spectris plc (LON:SXS) insider Andrew Heath sold 70,000 shares of Spectris stock in a transaction on Thursday, November 27th. The shares were sold at an average price of GBX 4,133, for a total value of £2,893,100.

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

• On Friday, September 5th, Andrew Heath acquired 4 shares of Spectris stock. The shares were bought at an average cost of GBX 4,067 per share, for a total transaction of £162.68.

Spectris Stock Up 0.1%

Shares of LON SXS opened at GBX 4,142 on Wednesday. The company has a quick ratio of 1.03, a current ratio of 2.36 and a debt-to-equity ratio of 4.37. The company has a market cap of £4.12 billion, a P/E ratio of 71.91, a P/E/G ratio of 2.74 and a beta of 0.61. Spectris plc has a 52 week low of GBX 1,877 and a 52 week high of GBX 4,170. The business has a 50-day simple moving average of GBX 4,105.31 and a two-hundred day simple moving average of GBX 3,784.61.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Spectris from GBX 3,763 to GBX 4,147 and gave the company a “hold” rating in a research report on Friday, September 5th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of GBX 3,573.50.

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.