INSPECS Group (LON:SPEC) Trading 3.1% Higher – Here’s Why

INSPECS Group plc (LON:SPEC) shares rose 3.1% during trading on Wednesday . The stock traded as high as GBX 100 and last traded at GBX 100. Approximately 1 shares were traded during trading, a decline of 100% from the average session volume of 442,990 shares. The stock had previously closed at GBX 97.

INSPECS Group Stock Performance

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 stock has a 50 day simple moving average of GBX 95.64 and a two-hundred day simple moving average of GBX 86.46. The company has a market cap of £100.44 million, a PE ratio of -9.79 and a beta of 1.61.

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.