Spectris (LON:SXS) Shares Pass Above 200-Day Moving Average – Here’s Why

Posted by Editorial Team on Jan 19th, 2025

Shares of Spectris plc (LON:SXS – Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,707.66 ($32.94) and traded as high as GBX 2,736 ($33.29). Spectris shares last traded at GBX 2,708 ($32.95), with a volume of 276,184 shares.

Spectris Price Performance

The firm has a market cap of £2.68 billion, a PE ratio of 1,010.45, a price-to-earnings-growth ratio of 2.74 and a beta of 0.61. 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 stock has a 50 day moving average price of GBX 2,528.65 and a two-hundred day moving average price of GBX 2,706.88.

Insider Buying and Selling

In related news, insider Andrew Heath purchased 2,406 shares of the firm’s stock in a transaction on Thursday, November 14th. The stock was bought at an average cost of GBX 2,480 ($30.17) per share, with a total value of £59,668.80 ($72,598.61). Also, insider Alison Henwood purchased 19 shares of the firm’s stock in a transaction on Tuesday, November 12th. The stock was bought at an average cost of GBX 2,599 ($31.62) per share, with a total value of £493.81 ($600.82). Insiders bought 14,553 shares of company stock valued at $36,045,861 over the last quarter. 1.21% of the stock is currently owned by company insiders.

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.