INSPECS Group (LON:SPEC) Issues Quarterly Earnings Results

INSPECS Group (LON:SPEC) released its quarterly 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 net margin of 2.67% and a negative return on equity of 6.07%.

INSPECS Group Stock Performance

Shares of SPEC remained flat at GBX 96 during midday trading on Friday. The company has a 50-day simple moving average of GBX 95.43 and a 200-day simple moving average of GBX 88.67. The company has a market cap of £104.81 million, a P/E ratio of -10.21 and a beta of 1.60. INSPECS Group has a 1-year low of GBX 38.05 and a 1-year high of GBX 105. The company has a quick ratio of 0.89, a current ratio of 1.32 and a debt-to-equity ratio of 74.99.

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.