Spectris (LON:SXS) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Shares of Spectris plc (LON:SXSGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,517.37 and traded as high as GBX 4,158. Spectris shares last traded at GBX 4,104, with a volume of 2,301,148 shares.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft increased 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 note on Friday, September 5th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 3,573.50.

Read Our Latest Research Report on SXS

Spectris Stock Performance

The company has a market capitalization of £4.08 billion, a P/E ratio of 71.25, a PEG ratio of 2.74 and a beta of 0.61. The company has a debt-to-equity ratio of 4.37, a current ratio of 2.36 and a quick ratio of 1.03. The company has a fifty day moving average price of GBX 4,093.04 and a two-hundred day moving average price of GBX 3,528.27.

Spectris (LON:SXSGet Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported GBX 38.40 earnings per share (EPS) for the quarter. Spectris had a net margin of 20.44% and a return on equity of 20.13%. Equities analysts forecast that Spectris plc will post 194.7972456 earnings per share for the current fiscal year.

Spectris Company Profile

(Get Free Report)

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.

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