Spectris (LON:SXS) Stock Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Spectris plc (LON:SXS) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 2,697.22 ($34.04) and traded as high as GBX 2,948 ($37.20). Spectris shares last traded at GBX 2,894 ($36.52), with a volume of 168,424 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “buy” rating on shares of Spectris in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of GBX 4,707.50 ($59.41).

Spectris Stock Down 0.4 %

The company has a debt-to-equity ratio of 4.37, a quick ratio of 1.03 and a current ratio of 2.36. The business has a 50 day simple moving average of GBX 2,740.76 and a 200-day simple moving average of GBX 2,697.22. The firm has a market capitalization of £2.87 billion, a price-to-earnings ratio of 10.68, a P/E/G ratio of 2.74 and a beta of 0.61.

Spectris Company Profile

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.