INSPECS Group (LON:SPEC) Issues Earnings Results

INSPECS Group (LON:SPEC) announced its earnings results on Wednesday. The company reported GBX 7.28 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The company had revenue of £191.70 million during the quarter. INSPECS Group had a negative net margin of 4.25% and a negative return on equity of 8.73%.

INSPECS Group Stock Performance

Shares of SPEC opened at GBX 82 on Friday. 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 cap of £83.37 million, a P/E ratio of -10.17 and a beta of 1.67. The company has a 50-day moving average of GBX 82.99 and a two-hundred day moving average of GBX 75.87. INSPECS Group has a 12-month low of GBX 38.05 and a 12-month high of GBX 87.

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.