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

Key Points

• Spectris plc shares have recently crossed above their 200-day moving average, demonstrating a potential bullish trend, trading at GBX 4,090 ($54.62) against a moving average of GBX 3,231.78.
• Analysts maintain a Moderate Buy consensus on the stock, with target prices ranging from GBX 3,763 to GBX 4,147, reflecting a mix of buy and hold ratings.
• The company reported an EPS of GBX 38.40 for the last quarter and has a market cap of £4.06 billion with notable financial ratios indicating stability.

Spectris plc (LON:SXS - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,231.78 ($43.16) and traded as high as GBX 4,092 ($54.65). Spectris shares last traded at GBX 4,090 ($54.62), with a volume of 1,860,889 shares traded.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Shore Capital restated a "buy" rating on shares of Spectris in a research note on Wednesday, July 2nd. Deutsche Bank Aktiengesellschaft upped their price objective on Spectris from GBX 3,763 to GBX 4,147 and gave the stock a "hold" rating in a research note on Friday, September 5th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of GBX 3,573.50.

Spectris Stock Performance

The company has a quick ratio of 1.03, a current ratio of 2.36 and a debt-to-equity ratio of 4.37. The company has a market cap of £4.06 billion, a P/E ratio of 7,100.69, a PEG ratio of 2.74 and a beta of 0.61. The company has a 50 day moving average price of GBX 4,075.53 and a 200-day moving average price of GBX 3,231.78.

Spectris (LON:SXS - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported GBX 38.40 EPS for the quarter. Spectris had a return on equity of 20.13% and a net margin of 20.44%. Equities analysts expect that Spectris plc will post 194.7972456 EPS for the current fiscal year.

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.

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