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Spectris (LON:SXS) Stock Passes Above 200-Day Moving Average - Time to Sell?

Spectris logo with Computer and Technology background

Spectris plc (LON:SXS - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 2,719.64 ($36.54) and traded as high as GBX 3,980.08 ($53.48). Spectris shares last traded at GBX 3,974 ($53.40), with a volume of 344,166 shares traded.

Analysts Set New Price Targets

Separately, Shore Capital restated a "buy" rating on shares of Spectris in a report on Wednesday, July 2nd.

Read Our Latest Research Report on SXS

Spectris Price Performance

The company has a current ratio of 2.36, a quick ratio of 1.03 and a debt-to-equity ratio of 4.37. The company has a market cap of £3.96 billion, a PE ratio of 14.74, a P/E/G ratio of 2.74 and a beta of 0.61. The firm has a 50 day moving average of GBX 3,230.80 and a two-hundred day moving average of GBX 2,741.91.

About Spectris

(Get Free Report)

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.

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