INSPECS Group (LON:SPEC) Releases Earnings Results

INSPECS Group (LON:SPEC) announced its quarterly earnings data on Thursday. The company reported GBX (0.13) earnings per share 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 Trading Up 4.2%

Shares of LON SPEC traded up GBX 4 during mid-day trading on Thursday, hitting GBX 100. 1 shares of the company traded hands, compared to its average volume of 409,028. The company has a quick ratio of 0.89, a current ratio of 1.32 and a debt-to-equity ratio of 74.99. INSPECS Group has a 1 year low of GBX 38.05 and a 1 year high of GBX 105. The stock has a market capitalization of £109.17 million, a price-to-earnings ratio of -10.64 and a beta of 1.60. The business has a 50 day moving average of GBX 95.36 and a two-hundred day moving average of GBX 88.48.

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.