INSPECS Group (LON:SPEC) Stock Price Down 1.2% – What’s Next?

INSPECS Group plc (LON:SPEC) shares dropped 1.2% during trading on Thursday . The stock traded as low as GBX 82 and last traded at GBX 82. Approximately 4,739 shares traded hands during mid-day 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 Price Performance

The stock has a fifty day moving average of GBX 78.65 and a two-hundred day moving average of GBX 67.99. The company has a current ratio of 1.49, a quick ratio of 0.89 and a debt-to-equity ratio of 65.81. The stock has a market capitalization of £83.37 million, a price-to-earnings ratio of -10.17 and a beta of 1.88.

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.