INSPECS Group (LON:SPEC) Releases Earnings Results

INSPECS Group (LON:SPEC) announced its earnings results on Thursday. The company reported GBX (0.13) earnings per share (EPS) for the quarter, Digital Look Earnings reports. INSPECS Group had a negative return on equity of 6.07% and a negative net margin of 2.67%.

INSPECS Group Trading Up 4.2%

Shares of SPEC stock traded up GBX 4 during trading hours on Thursday, reaching GBX 100. The company had a trading volume of 1 shares, compared to its average volume of 409,028. INSPECS Group has a 1-year low of GBX 38.05 and a 1-year high of GBX 105. The company has a debt-to-equity ratio of 74.99, a current ratio of 1.32 and a quick ratio of 0.89. The firm has a market cap of £109.17 million, a price-to-earnings ratio of -10.64 and a beta of 1.60. The company has a 50 day moving average of GBX 95.36 and a 200 day moving average of GBX 88.48.

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.