INSPECS Group (LON:SPEC) Reaches New 1-Year High – Still a Buy?

INSPECS Group plc (LON:SPEC) reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 87 and last traded at GBX 84.50, with a volume of 566 shares trading hands. The stock had previously closed at GBX 84.50.

INSPECS Group Price Performance

The company has a 50 day moving average price of GBX 83.14 and a 200 day moving average price of GBX 77.80. The company has a market capitalization of £85.91 million, a price-to-earnings ratio of -8.99 and a beta of 1.67. The company has a current ratio of 1.32, a quick ratio of 0.89 and a debt-to-equity ratio of 74.99.

INSPECS Group (LON:SPEC) last released its earnings results on Wednesday, May 13th. The company reported GBX 7.28 EPS for the quarter. The company had revenue of £191.70 million during the quarter. INSPECS Group had a negative return on equity of 6.07% and a negative net margin of 2.67%. As a group, equities research analysts forecast that INSPECS Group plc will post 5.5500982 earnings per share for the current year.

About INSPECS Group

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.