Spectris (LON:SXS) Stock Crosses Above 200-Day Moving Average - What's Next?

Shares of Spectris plc (LON:SXS - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 2,659.11 ($35.69) and traded as high as GBX 3,988 ($53.53). Spectris shares last traded at GBX 3,976 ($53.37), with a volume of 510,023 shares trading hands.

Wall Street Analysts Forecast Growth

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

Spectris Trading Up 0.1%

The stock has a market cap of £3.96 billion, a PE ratio of 14.71, a PEG ratio of 2.74 and a beta of 0.61. 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 stock has a fifty day moving average price of GBX 3,048.54 and a 200 day moving average price of GBX 2,688.74.

About Spectris

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.