INSPECS Group (LON:SPEC) Announces Quarterly Earnings Results

INSPECS Group (LON:SPEC) announced its earnings results on Thursday. The company reported GBX 2.19 earnings per share for the quarter, Digital Look Earnings reports. INSPECS Group had a negative net margin of 2.10% and a negative return on equity of 4.00%.

INSPECS Group Trading Up 1.3%

LON SPEC opened at GBX 40.50 on Friday. The firm has a market capitalization of £41.18 million, a price-to-earnings ratio of -894.04 and a beta of 2.22. The company’s 50 day moving average price is GBX 43.83 and its 200 day moving average price is GBX 45. The company has a debt-to-equity ratio of 43.59, a quick ratio of 0.89 and a current ratio of 1.46. INSPECS Group has a one year low of GBX 37 and a one year high of GBX 62.25.

Analyst Upgrades and Downgrades

Separately, Peel Hunt reiterated an “add” rating and issued a GBX 60 price target on shares of INSPECS Group in a research note on Thursday. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 60.

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).