INSPECS Group (LON:SPEC) Trading Down 1.2% - Here's What Happened

Key Points

• Price/volume: INSPECS shares were down 1.2% to GBX 82 mid-day, with only about 4,739 shares traded versus an average daily volume of 1,018,577, a dramatic drop in liquidity.
• Fundamentals & positioning: The company has a market cap of £83.37m and a negative P/E (-10.17) with debt/equity of 65.81 and current/quick ratios of 1.49/0.89, while trading above its 50‑day (GBX 78.39) and 200‑day (GBX 67.72) moving averages; Inspecs designs, manufactures and distributes eyewear across 80 countries and ~30,000 points of sale.

INSPECS Group plc (LON:SPEC - )'s share price dropped 1.2% during mid-day trading on Thursday . The stock traded as low as GBX 82 and last traded at GBX 82. Approximately 4,739 shares were traded during trading, a decline of 100% from the average daily volume of 1,018,577 shares. The stock had previously closed at GBX 83.

INSPECS Group Stock Performance

The stock has a market capitalization of £83.37 million, a P/E ratio of -10.17 and a beta of 1.88. The stock's 50-day simple moving average is GBX 78.39 and its 200 day simple moving average is GBX 67.72. The company has a debt-to-equity ratio of 65.81, a current ratio of 1.49 and a quick ratio of 0.89.

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.

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