INSPECS Group (LON:SPEC) Issues Earnings Results

INSPECS Group (LON:SPEC) released its earnings results on Thursday. The company reported GBX (0.13) earnings per share (EPS) for the quarter, Digital Look Earnings reports. INSPECS Group had a negative return on equity of 6.07% and a negative net margin of 2.67%.

INSPECS Group Price Performance

Shares of LON SPEC remained flat at GBX 96 during mid-day trading on Friday. INSPECS Group has a one year low of GBX 38.05 and a one year high of GBX 105. The company has a debt-to-equity ratio of 74.99, a current ratio of 1.32 and a quick ratio of 0.89. The firm has a market capitalization of £104.81 million, a price-to-earnings ratio of -10.21 and a beta of 1.60. The stock has a 50-day moving average price of GBX 95.48 and a 200 day moving average price of GBX 88.62.

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.