INSPECS Group (LON:SPEC) Reaches New 12-Month High – Here’s Why

INSPECS Group plc (LON:SPEC)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 98 and last traded at GBX 98, with a volume of 33492 shares traded. The stock had previously closed at GBX 84.50.

INSPECS Group Stock Up 1.5%

The stock has a market cap of £103.71 million, a P/E ratio of -10.85 and a beta of 1.67. The company has a quick ratio of 0.89, a current ratio of 1.32 and a debt-to-equity ratio of 74.99. The company has a 50-day simple moving average of GBX 83.67 and a two-hundred day simple moving average of GBX 78.69.

INSPECS Group (LON:SPEC) last issued its earnings results on Wednesday, May 13th. The company reported GBX 7.28 earnings per share (EPS) for the quarter. INSPECS Group had a negative net margin of 2.67% and a negative return on equity of 6.07%. The firm had revenue of £191.70 million for the quarter. On average, equities analysts forecast that INSPECS Group plc will post 5.5500982 EPS for the current 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). As one of only a few companies that can offer this one-stop-shop solution to global retail chains, Inspecs is well positioned to continue to take market share in the globally expanding eyewear market.

Inspecs customers include global optical and non-optical retailers, global distributors and independent opticians, with its distribution network covering over 80 countries and reaching approximately 30,000 points of sale.