INSPECS Group (LON:SPEC) Posts Earnings Results

INSPECS Group (LON:SPEC) issued its quarterly 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 net margin of 2.67% and a negative return on equity of 6.07%.

INSPECS Group Stock Performance

Shares of SPEC stock remained flat at GBX 96 during midday trading on Friday. The stock’s fifty day moving average price is GBX 95.48 and its 200 day moving average price is GBX 88.62. INSPECS Group has a 12 month low of GBX 38.05 and a 12 month high of GBX 105. The company has a market cap of £104.81 million, a price-to-earnings ratio of -10.21 and a beta of 1.60. The company has a current ratio of 1.32, a quick ratio of 0.89 and a debt-to-equity ratio of 74.99.

INSPECS Group Company Profile

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.