INSPECS Group (LON:SPEC) Trading Down 0.5% - Should You Sell?

Key Points

• Share movement: INSPECS Group shares slipped 0.5% to GBX 83.10 (intraday low GBX 82) while trading volume was just 45,391 shares, about 95% below the average session volume.
• Financial snapshot: The company has a market cap of £84.49m, a negative P/E of -10.31, a debt-to-equity ratio of 65.81 and modest liquidity (quick ratio 0.89, current ratio 1.49).
• Business position: Inspecs designs, manufactures and distributes eyewear (branded and OEM) across more than 80 countries and ~30,000 points of sale, positioning it to capture share in the expanding global eyewear market.

INSPECS Group plc (LON:SPEC - ) traded down 0.5% during trading on Thursday . The stock traded as low as GBX 82 and last traded at GBX 83.10. 45,391 shares were traded during mid-day trading, a decline of 95% from the average session volume of 857,153 shares. The stock had previously closed at GBX 83.50.

INSPECS Group Trading Down 0.5%

The company has a 50 day moving average of GBX 82.19 and a 200 day moving average of GBX 72.05. The company has a debt-to-equity ratio of 65.81, a quick ratio of 0.89 and a current ratio of 1.49. The stock has a market capitalization of £84.49 million, a price-to-earnings ratio of -10.31 and a beta of 1.67.

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). 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.

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