Andrew Heath Buys 5 Shares of Spectris plc (LON:SXS) Stock

Spectris plc (LON:SXS) insider Andrew Heath purchased 5 shares of the company’s stock in a transaction on Friday, February 7th. The stock was acquired at an average price of GBX 3,012 ($37.49) per share, for a total transaction of £150.60 ($187.45).

Andrew Heath also recently made the following trade(s):

• On Wednesday, January 8th, Andrew Heath bought 6 shares of Spectris stock. The stock was bought at an average price of GBX 2,512 ($31.27) per share, for a total transaction of £150.72 ($187.60).
• On Thursday, November 14th, Andrew Heath acquired 2,406 shares of Spectris stock. The shares were purchased at an average price of GBX 2,480 ($30.87) per share, for a total transaction of £59,668.80 ($74,270.35).

Spectris Price Performance

SXS opened at GBX 3,032 ($37.74) on Thursday. The company has a debt-to-equity ratio of 4.37, a current ratio of 2.36 and a quick ratio of 1.03. The company’s 50 day simple moving average is GBX 2,677.45 and its 200-day simple moving average is GBX 2,695.30. Spectris plc has a one year low of GBX 2,370 ($29.50) and a one year high of GBX 3,730 ($46.43). The stock has a market capitalization of £3.00 billion, a P/E ratio of 1,131.34, a price-to-earnings-growth ratio of 2.74 and a beta of 0.61.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “buy” rating on shares of Spectris in a research report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating and six have assigned a buy rating to the stock. According to MarketBeat.com, Spectris presently has an average rating of “Moderate Buy” and an average target price of GBX 4,707.50 ($58.59).

About Spectris

The experts in providing insight through precision measurement.

Our purpose is to deliver value beyond measure – going beyond just the measurement.

Precision is at the heart of what we do. Spectris provides global customers with specialist insight through our high-tech instruments and test equipment, augmented by the power of our software.

Through a combination of our hardware, analytical and simulation software, we provide our customers with superior data and invaluable insights that enable them to work faster, smarter and more efficiently.

This equips them with the ability to reduce time to market, improve processes, quality and yield.